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Off Market

226-228 Stewart Street

Brunswick East VIC 3057

12
4
12
892 m²
House
Matt NostroMatt Nostro, last sold this property on 17 March 2026 after 96 days on market.

Overview

Large-Scale Investment Opportunity with Development Potential - Four (4) Townhouses $135,000 p/a Rental Return ( approx.)

TAKE A PEEK: - Fully leased, four townhouse site with annual return of $135,000 (approx.) - Large 892sqm (approx.) allotment, with residential development options (STCA) - Situated within one of Melbourne's most highly-sought inner-city positions LOOK INSIDE: - Double-storey designs, each with 3-bedroom 1-bathroom layouts - Classic interiors with timber accents - An entertaining focus stretches the ground floor - Practical kitchen proportions support premium cooking appliances - Solid timber floors extend upstairs via a solid timber staircase - Comfortable first-floor accommodation centres main bathroom - Dedicated laundry with additional toilet - Gas ducted heating, split-system air conditioning, ceiling fans - Three off-street secure parking spaces for each townhouse - Private and secure outdoor space - Fully leased, with quality tenants secured - Modernise/renovate each townhouse to increase capital growth THE AREA: - Zoned under 'Neighbourhood Residential Zone - Schedule 1' - Positioned within the Merri-bek City Council - Set opposite Brunswick East Primary, walking distance to Lygon Street - Close to Coles Brunswick East and Fleming Park Reserve - Approximately 5 kms from Melbourne CBD - Local buses, trams and train stations within easy reach - Local Cafes, restaurants and multiple shopping options at your doorstep - Nicholson St & Lygon Street just minutes away THE CLOSER: - Sensationally positioned four-townhouse site - Annual rental return currently of $135,000 p/annum ( approx.) - All townhouses fully leased with quality tenants in place - Sensationally positioned, minutes to shops, cafes and local schools - Knock down and rebuild, or large-scale residential development opportunity - Occupying a premium inner-city position, 5mins (approx.) from the CBD * NOTE : PHOTO I.D REQUIRED AT ALL OPEN FOR INSPECTIONS * DISCLAIMER : Please note that all dimensions are approximate only and the particulars given are for information only & do not constitute any direct representation on the part of the agent or vendor. All interested parties are required to make their own direct enquiries to verify and confirm the information provided. While every effort has been made to ensure the information provided is correct, NOSTRO Real Estate is not responsible for any inaccuracies. https://www.consumer.vic.gov.au/duediligencechecklist

Features

12 bedrooms
4 bathrooms
12 carspaces
8 open car spaces
4 garage spaces
892 m² lot size
House

Estimated Value

We need at least 3 similar 12 bedroom houses sold in Brunswick East over the last 12 months.

Property history for 226-228 Stewart Street

2026
Sold
Undisclosed
17 Mar 2026 by Matt Nostro, of Eview Group - Australia
2020
Rented
Undisclosed
Leased on 15 Oct 2020 by Eezirent

Happy sellers in Brunswick East

80%
80% of sellers in Brunswick East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 22 reviews in Brunswick East over the last 12 months.

Local market activity for 12 bedroom houses in Brunswick East

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Peter Doan

Sellers who recommend Peter Doan have praised them for being local expert, clear communication, reliable, responsive, supportive, honest and dedicated

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