3a Keeley Lane, Princes Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 71m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Rich with character and heritage history, this architecturally converted former stables/warehouse with approved rebuild plans and permits offers lifestyle lovers a unique residential opportunity for low maintenance city-fringe living, moments from Princes Park, transport, and hospitals/University precincts.
Discretely nestled within a private enclave, a welcoming entry reveals a bright and spacious living room with tiled flooring and soaring, light-filled proportions. The tidy kitchen includes electric cooking, integrated laundry and incorporated dining area, and a delightful rear courtyard offers private retreat and tranquillity, the perfect space for a morning coffee or entertaining with friends and family. Upstairs, a mezzanine style bedroom with dramatic cathedral ceilings and skylight ensures ample built in wardrobe space, adjoining a large and modern ensuite. Add to this, split system heating/cooling, wall panel heating, integrated home office/study nook and generous storage closet. With approved council plans for a new build, including a 360-degree rooftop terrace and basement, a myriad of future potential awaits new owners looking to take advantage of creative renovation options.
Distinctively unique and larger than most one-bedroom inner city accommodation options, this enticing opportunity celebrates a top location to match: stroll to the endless trails and recreation at Princes Park, plus city-bound trams, schools (PHSS, PHPS & Carlton North Primary zoning), Lygon Street's culturally rich eateries and shops, plus popular Universities and hospitals all within easy reach. Make it yours!
The size of Princes Hill is approximately 0.4 square kilometres. It has 3 parks covering nearly 9.7% of total area. The population of Princes Hill in 2016 was 2126 people. By 2021 the population was 2005 showing a population decline of 5.7% in the area during that time. The predominant age group in Princes Hill is 20-29 years. Households in Princes Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Princes Hill work in a professional occupation.In 2021, 52.60% of the homes in Princes Hill were owner-occupied compared with 50.40% in 2016.
Princes Hill has 1,138 properties. Over the last 5 years, Houses in Princes Hill have seen a 4.50% increase in median value, while Units have seen a 33.90% increase. As at 30 November 2025:
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