Back 76 Michael Street
Off Market

76 Michael Street

Fitzroy North VIC 3068

3
1
1
House
Spiros KaragiannidisSpiros Karagiannidis, last sold this property on 06 September 2025 after 31 days on market.

Overview

A rare and storied entry to the idyllic inner-city

Cherished within the same family for 51 years, this charming residential home turned beloved café is an exceptionally rare opportunity for treasured inner-city living. Beautifully retained properties of this calibre are seldom presented to the market, especially amidst the many delights of fabulous Fitzroy North. Initially purchased as a grocery store in 1974, this solid-brick beauty was then converted to a residence where it served as a family home for the decades to come. The front room has since become a café space, currently leased to popular café Mitte where patrons adore the building's original charm. There's fantastic potential to establish your own blissful dwelling or home business site, or develop further to truly explore the aesthetic beauty and liveability on offer. The current layout features a light-filled front of house with split system heating and cooling, serving counter and ample shelving. The commercial kitchen is fully fitted just beyond, leading through to a separate residential kitchen, tidy bathroom, and laundry room with toilet. Three bedrooms feature upstairs with potential to convert any to a lounge or office, stepping outside to a spacious rooftop terrace for a flexible alfresco retreat with serene district views. The rear courtyard adds generous storage space, a lovely vegetable garden and a handy second toilet. The large lock-up garage offers rear access plus secure side access via Rowe Street, adding potential to convert into a studio space, additional living area, teen retreat and so much more. It's an easy walk down Rowe Street to the sprawling sanctuary of Edinburgh Gardens, while cycling along the Merri Creek Trail finds its way to the tranquil Yarra River. Fitzroy High School is just around the corner, with families loving this friendly enclave between the shopping and dining of Queens Parade and St Georges Road. It's a short stroll to Rushall Station or the No. 86 tram, with easy travel to the inner-north hubs of Northcote, Thornbury and Preston, or down through the nightlife of Smith Street on your way to the CBD. Securely leased for $54,000 per annum (plus GST, plus outgoings) until November 2027, with an option for an additional 3 years. Please note: The business continues as usual. Sale is for the building only. In Conjunction With: Chris Stas Property Advisory 0417 581 708

Features

3 bedrooms
1 bathroom
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Fitzroy North over the last 12 months, the estimated median property value of 76 Michael Street is $1.68m.

Median value
$1.68m
Estimated value range
$1.13m - $2.6m
Median days on market
24
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fitzroy North. 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 76 Michael Street

2025
Sold
Undisclosed
Auction Sale on 06 Sep 2025 by Spiros Karagiannidis, of Nelson Alexander Fitzroy

Happy sellers in Fitzroy North

76%
76% of sellers in Fitzroy North reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Fitzroy North over the last 12 months.

Local market activity for 3 bedroom houses in Fitzroy North

In the last 12 months, 61 three-bedroom houses similar to 76 Michael Street, have been sold.

This represents a 25% decrease in three-bedroom houses sales when compared to the previous 12 months.

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