701 Lygon St, Princes Hill is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 411m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
*Please contact the agent to attend a private appointment and register your interest in this property. Please note private appointments are only permitted for people from the same household.
A unique opportunity awaits! Defined by enviable position and immense possibility, this rare free standing Edwardian family home sits on a majestic corner block of spacious period proportions.
Enter from Lygon or Park Street, the residence features 3 spacious bedrooms downstairs, fireplaces and formal lounge with bay windows, tidy kitchens and meals/dining areas, two bathrooms plus two more expansive bedrooms upstairs, one with an enclosed balcony. Rich with character and history, high ceilings, wide hallways, imposing staircase, ornate detailing, enormous lock up garage with side drive and sun filled substantial backyard all present the hallmark elements of well-loved accommodation with "good bones" - ripe for exciting future improvement!
An unmissable opportunity in a location just moments from trendy Lygon Street shopping and eateries, Princess Park, schools, Universities, Rathdowne Village and trams just footsteps away. Windermere is ready and waiting for the astute opportunist to make this proud magnificent manor sparkle once again. Make your mark!
All Nelson Alexander appointments are conducted in accordance with the latest government guidelines. Please check in via the QR code, wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and provide your contact details. We appreciate your assistance.
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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