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Back 16 Ridley Street
Off Market

16 Ridley Street

Albion VIC 3020

30
20
10
1170 m²
Block of units
Last sold for $2,814,000
Adrian KayAdrian Kay, last sold this property on 29 March 2026 after 26 days on market.

Overview

A Landmark Opportunity – 31 Bedroom Former Rooming House on 1,170sqm (Approx.)

An extraordinary chance to secure a substantial freehold holding with limitless potential, this former 31-bedroom rooming house is being offered to the market by auction only – stripped back to its quality bones and ready for its next chapter. Set on an expansive 1,170sqm (approx.) allotment, the building has been cleared internally, providing a blank canvas for developers, builders, and visionaries to reimagine, redesign and revitalise (STCA). Whether you're considering reinstating rooming accommodation, creating a boutique residential development, exploring supported accommodation, or transforming the site entirely, the foundations are here for something truly special. With its solid underlying structure and significant land component, this is a rare opportunity to capitalise on the scale, flexibility and future growth potential of such a substantial property. Key Highlights: *Former 31-bedroom rooming house *26 Bathrooms and 26 Toilets *4 Kitchens and 2 Laundry's *Generous 1,170sqm (approx.) landholding *Stripped back internally – ready for renovation or redevelopment *Exceptional scope for value-add (STCA) *To be sold via Auction only - purchaser must attend on site auction. Opportunities of this size and versatility are seldom offered. Bring your vision, your architect and your ambition – and unlock the full potential of this remarkable property.

Features

30 bedrooms
20 bathrooms
10 carspaces
8 open car spaces
2 garage spaces
1170 m² lot size
Block of units

Estimated Value

We need at least 3 similar 30 bedroom block of units sold in Albion over the last 12 months.

Property history for 16 Ridley Street

2026
Sold
$2,814,000
29 Mar 2026 by Adrian Kay, of Douglas Kay Real Estate

Happy sellers in Albion

93%
93% of sellers in Albion reported that their sale price either exceeded or met their price expectations.

Albion stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Albion over the last 12 months.

Local market activity for 30 bedroom block of units in Albion

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Albion

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Danielle Fordham

Danielle Fordham is a recommended agent for Albion.  They have 6 local sales and collected 8 local reviews across the last 12 months.

  •   5   (361 reviews)
  •  8 Reviews in Albion
  •  6 Sales in Albion
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Michelle Mammoliti

Michelle Mammoliti is a recommended agent for Albion.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (280 reviews)
  •  3 Reviews in Albion
  •  2 Sales in Albion
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Tommy Truong

Tommy Truong is a recommended agent for Albion.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (116 reviews)
  •  3 Reviews in Albion
  •  2 Sales in Albion
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Sunita Roberts

Sellers who recommend Sunita Roberts have praised them for being clear communication, local expert, responsive, pleasant and supportive

  •   4.9   (87 reviews)
  •  2 Reviews in Albion
  •  1 Sale in Albion
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