SoldAug 9, 2025

514 Park Street, Princes Hill, VIC, 3054

$2,900,000

4
1
3

House

24 days on the market

Sold: Aug 9, 2025

What's around 514 Park Street

Exceptionally rare block in prestigious Princes Hill

Perfectly positioned on the doorstep of the city, this original home presents a lengthy block of approx. 550sqm with exciting potential to make your own. A rare opportunity awaits you for full renovation or redevelopment (Subject to Council Approval) mere moments to Princes Park, Lygon Street and the CBD. A generous rectangular allotment boasts fantastic proportions for a fresh new home, benefitting from R.O.W. access via Bougainville Place to a secure triple garage behind the current home. In addition to invaluable inner-city parking, you're directly opposite the Inner Circle Rail Trail for breezy cycling to all the highlights of inner Melbourne, or over to scenic trails along the tranquil Yarra. Stroll to lovely Princes Park for picnics, sports grounds, playgrounds and more, or explore the endless selection of cafés, restaurants and boutiques that line iconic Lygon Street. Walk to the quality schooling of Princes Hill Primary School, Princes Hill Kindergarten and Princes Hill Secondary College. Barkly Square offers further shops and supermarkets with buzzing Sydney Road just beyond, while trams are just footsteps around the corner for seamless travel to Carlton shopping and dining, the University of Melbourne, or straight into the CBD.

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