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2 Shiel Street

North Melbourne VIC 3051

4
1
House
Currently for sale - view listing

Overview

Solid bones, endless potential

For Sale by Expressions of Interest Standing proud with a prominent period façade and undeniable street presence. This period terrace offers six main rooms with four bedrooms, one-bathroom, separate toilet, large kitchen area and a big slice of history on the city-fringe with dual street access through the ROW. This is a renovator's dream – a place where you can reimagine interiors, open up living spaces, and merge period charm with the design style of your choice. Think polished timber floors, light-filled open-plan living, and seamless indoor-outdoor flow. It's the perfect opportunity for those looking to fix and flip and make a profit through smart improvements. Behind its charming exterior lies a home brimming with solid bones and authentic character, ready for the right person to breathe new life into it. The original layout is traditional yet functional, featuring a front living room space, a separate kitchen and dining area, and a private courtyard, ready to be transformed into the peaceful retreat of your dreams. North Melbourne remains one of the city's most consistently performing markets, with strong capital growth and rental demand thanks to its proximity to the CBD, universities, parks, and the hospital precinct. For investors, that means reliable long-term value and excellent potential returns once modernised. This home is primed for a stylish update – the existing structure provides the ideal foundation for a transformation that could substantially increase its market appeal. Set in a desirable neighbourhood moments from great cafés, schools, and public transport, this address serves up location, lifestyle, as well as limitless potential.

Features

4 bedrooms
1 bathroom
House

Happy sellers in North Melbourne

72%
72% of sellers in North Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in North Melbourne over the last 12 months.

Local market activity for 4 bedroom houses in North Melbourne

In the last 12 months, 16 four-bedroom houses similar to 2 Shiel Street, have been sold.

This represents a 23% decrease in four-bedroom houses sales when compared to the previous 12 months.

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