14/97 O'Shanassy Street, North Melbourne

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14/97 O'Shanassy Street, North Melbourne VIC 3051

$480,000 - $520,000

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$480k - $504k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 1 Bed 1 Bath 1 Car

Listed: 18 days ago

Overview

This stylish unit offers a harmonious blend of convenience and classic charm, making it an excellent choice for first home buyers and astute investors alike. Situated in a leafy street that balances tranquility with easy access to some of Melbourne's key destinations, the property benefits from its proximity to the CBD, public transport options, major hospital precincts, university campuses, and popular local cafes.

The apartment's design epitomizes practical living, featuring a light-filled living and dining area enhanced by reverse cycle heating and cooling for year-round comfort. The addition of brand-new double-glazed windows introduces superior insulation, contributing both to energy efficiency and sound reduction.

A newly renovated kitchen equipped with quality Blanco appliances and a Franke sink complements the home's appeal, guaranteeing a pleasant cooking experience. The bedroom boasts generous proportions and built-in robes, perfectly balancing practicality with comfort. The updated bathroom and an adjacent laundry area further enhance the unit's functionality and style.

Secure, undercover off-street parking adds a valuable amenity, a rarity in an inner-city setting. The balcony overlooks leafy vistas, offering an inviting outdoor space that connects the interior living environment with the peaceful surroundings.

With its blend of updated features, quintessential 1960s character, and an enviable location, this unit provides a distinctive lifestyle opportunity that combines long-term value with immediate enjoyment.

Local Market Insights

In North Melbourne, Quiet Listings observed 3 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $446,667. The property type mix of listed properties is predominantly Apartments at 35%, followed by houses (19%), and townhouses (19%). The most active agency for units in the North Melbourne area is currently Nelson Alexander, representing 33% of new listings, followed by Area Specialist with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.