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738 Rathdowne Street
Carlton North, VIC 3054

Private Sale $1,685,000

House 3 beds 1 bath 1 car 282 m²
Listed Date: 23rd May 2026
Overview

738 Rathdowne Street, Carlton North VIC 3054

Absolutely one of a kind, this large Federation-era terrace presents a rare opportunity to secure a substantial landholding that delivers exceptional future potential. Delivering scale and flexibility, it is located at the tightly held ‘Paris End’ of Rathdowne Street, a premier inner city, blue-chip location.

In a streetscape where most blocks taper at the rear, this is the outlier - set on an expansive allotment of approximately 282 square meters, this unique property opens to an unusually wide parcel of land rarely seen in Carlton North. Whether you envision a striking architectural transformation, expansive indoor-outdoor living, exploring the prospect of subdivision or dual-occupancy potential (subject to council approval), or choose to work with the existing floor plan and period charm, the opportunity here is both flexible and compelling.

Positioned along one of Carlton North’s most picturesque tree-lined boulevards, the existing home comprises classic period proportions and features soaring ceilings, decorative roses, and solid hardwood floors. Offering three bedrooms - including an impressively sized main - a spacious, bright front living room that enjoys a unique elevated outlook toward the historic former Cable Tram Engine House dating back to circa 1888. The home is well serviced by a functional kitchen and meals area, central bathroom, and full-size laundry.

Out the back is where things really separate. Step outside to an unusually wide backyard, complete with a brick garage for off-street parking via the rear right of way, creating a sense of space and possibility that is near impossible to replicate - a true blank canvas in every sense.

The property places you moments from renowned vibrant cafés, dining, and retail precincts in Rathdowne Village, Lygon Street, and Nicholson Street. This period prize also offers easy access to the Inner-Circle Rail Trail, short strolls to popular parklands, local schools, and exceptional public transport connectivity - the lifestyle convenience is exceptional.

Secure the site, capitalise on the location, and bring your vision to life.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
738 Rathdowne Street
Carlton North VIC 3054
Market Insights for Carlton North VIC 3054
New Listings (last 30 days)
8
Average price
$3,433,750
Lowest price
$1,900,000
Highest price
$7,500,000
Other properties in this postcode

* 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.