193 Adderley St, West Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 134m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom House sold in West Melbourne in the last 12 months.
THE DEAL
Unrepeatable Opportunity. Blue Chip Location. Authentically Original.
A classic 1900s faade sets the tone - rich in character and primed for restoration or full reinvention.
Step beyond the heritage door into a timeless layout. Soaring ceilings and an arched hallway create a strong first impression, with the front bedroom featuring an original fireplace. A second bedroom, also with its own, sits privately behind an internal door.
Further in, the home opens to a generous living zone framed by exposed brick, timber-lined ceilings, and skylights that flood the space with natural light. The kitchen connects seamlessly, enhancing the warmth and flow of the space.
At the rear, a bathroom with shower over bath, followed by a laundry with direct access to a deep backyard. A rear laneway (ROW) and gate offer pedestrian entry and future potential for off-street parking or streamlined construction access.
With precedent for vertical expansion or large-scale redevelopment (STCA), this property is available individually or with 191 Adderley - unlocking the option for a rare double-site opportunity and landmark architectural plans are available - ready for council submission following initial pre-application consultations.
Currently leased, 193 delivers income while plans are finalised.
The location? Underrated and under the radar. Zoned for University High and walking distance to Haileybury. One minute to North Melbourne Station. Five to Southern Cross. Ten to the CBD on foot. Queen Victoria Market, Marvel Stadium, Festival Hall, Errol Street, and nearby parks all within easy reach. Cafs like Roasting Warehouse, 279, and Misty Pot are your locals - with Woolworths, fitness studios, and wellness spots close by.
SEALS THE DEAL
A standalone holding with long-term upside. Offered solo or with 191. The potential is rare - and ready to realise.
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2016 was 5515 people. By 2021 the population was 8025 showing a population growth of 45.5% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation.In 2021, 32.40% of the homes in West Melbourne were owner-occupied compared with 34.50% in 2016.
West Melbourne has 8,465 properties. Over the last 5 years, Houses in West Melbourne have seen a -2.68% decrease in median value, while Units have seen a -1.84% decrease. As at 31 December 2025:
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