Back 21-23 Stawell Street
Off Market

21-23 Stawell Street

North Melbourne VIC 3051

4
4
1
330 m²
House
John SdregasJohn Sdregas, last sold this property on 15 April 2026 after 40 days on market.

Overview

Iconic Warehouse Conversion with Dual Street Frontage.

A landmark of architectural strength and refined industrial elegance, 2123 Stawell Street stands as one of North Melbourne's most compelling and substantial live/work offerings. Encompassing approximately 330 sqm, this impressive converted warehouse delivers scale, flexibility and rare dual street frontage - a blue-chip opportunity within one of Melbourne's fastest evolving city-fringe precincts. Designed for those who think beyond convention, it offers entrepreneurs, creatives, investors and professionals a seamless fusion of business functionality, lifestyle excellence and long-term capital growth. Behind its commanding industrial façade lies a brilliantly executed live/work environment. The ground floor presents an expansive commercial domain featuring four private offices, a generous open-plan workspace bathed in natural light, a well-appointed kitchenette and two modern bathrooms. The layout offers exceptional flexibility for creative agencies, architecture and design studios, technology firms, consultancies or boutique headquarters seeking a distinctive address. Access via the second street frontage at 26 Munster Terrace further enhances exposure, convenience and operational efficiency. Upstairs, the property transforms into a sophisticated residential retreat. The first floor unfolds into a vast open-plan living and dining zone anchored by a sleek stainless-steel kitchen, where original warehouse character blends seamlessly with contemporary refinement. Two mezzanine bedrooms overlook the main level, complemented by a separate study and an additional large master bedroom. An elegantly designed oval powder room and a full bathroom with separate shower and bath complete the level, delivering both luxury and practicality. Adding another layer of versatility, the property incorporates a separate, self-contained studio - ideal for guest accommodation, rental income, consulting suites or an independent creative workspace. This rare inclusion significantly enhances the asset's multi-income and multi-purpose appeal. A private rooftop deck crowns the building, offering an exceptional setting for entertaining, hosting clients or relaxing against the backdrop of Melbourne's skyline. Ducted heating and cooling throughout ensure year-round comfort across all levels. Positioned moments from Arden Station and the transformative Metro Tunnel network, the location places you at the forefront of North Melbourne's next chapter. Enjoy a short stroll to the vibrant cafés and boutiques of Errol Street, the iconic Queen Victoria Market and the open green spaces of Flagstaff Gardens, with immediate connectivity to the CBD and major transport links. This is more than a warehouse conversion. It is a high-performing asset, an elevated lifestyle and a strategic acquisition within a tightly held growth corridor. Opportunities of this calibre, scale and flexibility are exceptionally rare. Inspection by appointment or see you at the open home. Enquire today to experience 2123 Stawell Street, North Melbourne - where vision meets value.

Features

4 bedrooms
4 bathrooms
1 carspace
330 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in North Melbourne over the last 12 months, the estimated median property value of 21-23 Stawell Street is $1.91m.

Median value
$1.91m
Estimated value range
$1.65m - $4.1m
Median days on market
31
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in North Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21-23 Stawell Street

2026
Sold
Undisclosed
Private Sale/Treaty on 15 Apr 2026 by John Sdregas, of JMRE Real Estate

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, 15 four-bedroom houses similar to 21-23 Stawell 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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