Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Positioned in one of Fitzroy North’s most sought-after locales, this substantial corner block of 260 square metres offers a rare blend of opportunity and location. Its generous site size allows for a variety of development possibilities, including a townhouse scheme which is available upon request, catering to developers or those seeking to capitalise on value in a vibrant inner-city environment.
The property benefits from an exceptional corner position with approximately 35 metres of prime frontage along Scotchmer Street and Falconer Street, enhancing both its street presence and potential access configurations. Historically, the site housed a dwelling and convenience store, offering a foundation for future renovation or redevelopment projects subject to council approval.
Residents and future occupants will appreciate the convenient proximity to desirable local amenities, including the expansive Edinburgh Gardens and the lifestyle hub along St Georges Road. Families will find reassurance in the location's zoning within the Neighbourhood Residential Zone 1 (NRZ1) and its immediate closeness to reputable educational institutions such as Fitzroy North Primary and Fitzroy High Schools.
This property represents an outstanding proposition for occupiers seeking to establish themselves within a thriving community or developers seeking a prized parcel of land in a tightly held area. The amalgamation of size, location, and development potential ensures versatile appeal with the surrounding urban lifestyle enhancing its inherent value.
Local Market Insights
In Melbourne - Inner, Quiet Listings observed 17 new parcels of land entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $3,240,529. The property type mix of listed properties is predominantly Houses at 41%, followed by apartments (34%), and townhouses (11%). The most active agency for land in the Melbourne - Inner area is currently OBrien Real Estate, representing 18% of new listings, followed by Buxton Real Estate Group with 12%. 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.
Location
Market Insights for Fitzroy North VIC 3068
Other properties in this postcode
