THE DEAL
Unrepeatable Opportunity. Blue Chip Location. Authentically Original.
A classic 1900s façade sets the tone - rich in character and primed for restoration or full reinvention.
Step beyond the heritage door into a timeless layout. Soaring ceilings and an arched hallway create a strong first impression, with the front bedroom featuring an original fireplace. A second bedroom, also with its own, sits privately behind an internal door.
Further in, the home opens to a generous living zone framed by exposed brick, timber-lined ceilings, and skylights that flood the space with natural light. The kitchen connects seamlessly, enhancing the warmth and flow of the space.
At the rear, a bathroom with shower over bath, followed by a laundry with direct access to a deep backyard. A rear laneway (ROW) and gate offer pedestrian entry and future potential for off-street parking or streamlined construction access.
With precedent for vertical expansion or large-scale redevelopment (STCA), this property is available individually or with 191 Adderley - unlocking the option for a rare double-site opportunity and landmark architectural plans are available - ready for council submission following initial pre-application consultations.
Currently leased, 193 delivers income while plans are finalised.
The location? Underrated and under the radar. Zoned for University High and walking distance to Haileybury. One minute to North Melbourne Station. Five to Southern Cross. Ten to the CBD on foot. Queen Victoria Market, Marvel Stadium, Festival Hall, Errol Street, and nearby parks all within easy reach. Cafés like Roasting Warehouse, 279, and Misty Pot are your locals - with Woolworths, fitness studios, and wellness spots close by.
SEALS THE DEAL
A standalone holding with long-term upside. Offered solo or with 191. The potential is rare - and ready to realise.
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