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255 York Street

South Melbourne, VIC 3205, Australia
Auction
2 bed 1 bath124m²

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About this property

Freestanding, refurbished, and brilliantly placed between South Melbourne Market and Bay Street's retail and dining mecca, this long-held Victorian cottage delivers a first-class city-fringe opportunity, offering immediate turnkey appeal and future scope to further enhance or extend on 124sqm (approx). Naturally bright and move-in ready, it places popular cafes, restaurants, transport, and the CBD within easy reach, making it an outstanding fit for owner-occupiers, investors, or buyers seeking a smart inner-city base with long-term upside. High ceilings and a traditional arched hallway bring character from the outset, leading through the single-level layout to a light-filled living and dining domain at the rear with higher vaulted ceilings and sliding doors opening to a recently landscaped courtyard. Finished with red-brick paving and high-fenced privacy, the easy indoor-outdoor connection gives the entire home a fresh and inviting feel, complemented by a spacious kitchen with a gas-top stove and ample storage. Two generous bedrooms with built-in robes, including one retaining its original ornate fireplace, are served by a sky-lit bathroom with laundry facilities, whilst recent upgrades, including as-new motorised security shutters, new carpets, re-planted gardens and a corrugated-iron roof, allow buyers to move straight in whilst planning what comes next. Held by the same owner for more than 50 years, it now represents an increasingly hard-to-find South Melbourne opportunity, delivering single-level ease, prized future scope and a location that only grows more sought-after with time.

Property Features

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    Repayment calculator

    $5,139/month
    $2,569 /fortnight
    Loan $848,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$212,000
    Stamp duty$58,300
    Conveyancing (est.)$2,000
    Total upfront$272,300
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Land Area
    124m²
    Listed
    1 week ago

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