SoldMar 30, 2026

16 Ridley Street, Albion, VIC, 3020

$2,814,000

30
20
10
1170 m²

BlockOfUnits

27 days on the market

Sold: Mar 30, 2026

What's around 16 Ridley Street

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.

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