Positioned in one of St Albans most vibrant and well-connected pockets, 39 Rhodes Street presents a rare chance to secure a versatile freehold property with immense potential.
Set on approximately 779sqm of land, this property includes two street-facing commercial spaces, a private two-bedroom residence, and a spacious backyard with sheddingoffering outstanding scope for business use, multi-purpose occupancy, or future development (STCA).
Located right beside University Park Primary School and close to Victoria University, Ginifer Station, Sunshine Hospital and the bustling St Albans Market, this property enjoys high visibility and consistent foot traffic.
Key features include:
Approx. 779sqm of freehold land (no body corporate)
Two shopfronts with street exposure
Attached two-bedroom residence with full amenities
Generous outdoor area with shed and development potential (STCA)
Suitable for caf, retail, medical, private studio or childcare use (STCA)
Minutes from transport, major institutions, schools, and shopping precincts
Whether you're a business owner looking to stop renting, an investor seeking a unique asset, or a developer ready to unlock potentialthis is your opportunity to secure a prime position in one of Melbournes fastest-growing corridors.
Contact:
For further details or to arrange a private inspection, contact Johnny Du 0401 390 567
Note: Every effort has been made to verify the accuracy of the details in this advertisement. However, we cannot guarantee its correctness. Prospective buyers are advised to take necessary actions to satisfy themselves on pertinent matters.
The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.
St Albans has 17,206 properties. Over the last 5 years, Houses in St Albans have seen a 19.69% increase in median value, while Units have seen a 23.82% increase. As at 30 November 2025:
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