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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

116 Stephen Street
Yarraville, VIC 3013

Auction Indicative Selling Price $900,000 - $970,000

2
Bed
2
Bath
Property Type: House
Listed Date: 3rd May 2026
Overview

116 Stephen Street, Yarraville

Nestled in the heart of Yarraville in the former Lyric Theatre, this property presents a rare opportunity for buyers seeking a place with character, charm, and adaptive reuse potential. This versatile two-bedroom, two-bathroom home boasts a strong architectural identity with heritage elements throughout, offering potential for residential, studio, or mixed-use purposes. Ideal for families, professionals, or investors, the property is located in a highly sought-after area that is both vibrant and convenient.

Upon entering, you are greeted by a generous living space with high ceilings and concrete flooring. Upstairs, the second living area captures city views and features a beautiful stone fireplace, providing a cozy focal point in the open-plan layout. The space is flooded with natural light, thanks to the skylight above the staircase and the generous arched windows, adding warmth and airiness throughout.

The adjacent modern kitchen is fully equipped with a Smeg oven, Fisher & Paykel half dishwasher, and a movable island bench, offering flexible workspace options. Ample storage and a glass splash back enhance the kitchen’s sleek and functional design.

The master bedroom, also on the first level, offers built-in robes, timber flooring, and a window with a tranquil outlook to the communal garden. The main bathroom is spacious with a separate bath and shower, and ample natural light from the window.

On the ground level, a second bedroom with built-in robes and carpeted flooring provides peaceful accommodation, with easy access to the additional bathroom and laundry area, which opens to the rear courtyard. The entry features concrete flooring and downlights, offering commercial or studio potential, making it perfect for those looking to set up a home office or creative space.

Enjoy seamless indoor-outdoor living, with the ground-floor space leading to a communal outdoor area, ideal for entertaining or relaxing. This property offers a rare combination of functionality, modern amenities, and endless potential in a prime Yarraville location.

Located just minutes from Yarraville Village, this home is perfectly positioned with easy access to public transport and local amenities. With Yarraville station within easy walking distance and major transport links, commuting to the CBD is effortless. Enjoy the vibrant community atmosphere, with local cafes, restaurants, and parks such as Yarraville Gardens, Cruickshank Park and Beaton Reserve just moments away. Zoned for Yarraville West Primary School and Footscray High School, this home offers convenience and lifestyle at its finest.

A study is included as a notable feature of the property, enhancing its versatility and appeal.

Location
116 Stephen Street
Yarraville VIC 3013
Market Insights for Yarraville VIC 3013
New Listings (last 30 days)
7
Average price
$1,138,429
Lowest price
$699,000
Highest price
$1,750,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.