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About this property
For Sale via Expressions of Interest Bestowing unique character on an astounding 510sqm (approx.) lot, this early pair of Victorian terrace homes offers immediate comfort alongside innumerable possibilities. Listed on one title with separate utilities, these homes on large allotments inspire dreams for the future. A 'Choose your own adventure' in real life, the exciting prospects include a modern extension and renovation, a consolidation of the two homes into one large residence, a subdivision to create two, or even a third home in the huge yard (all options are subject to council approval). Whichever path you choose, with both homes currently leased with excellent returns and further income generation potential, per annum, the income can bring you closer to your dream. Beyond their charming weatherboard façades, the interiors feel voluminous and light-filled beneath their soaring ceilings. The vast and tranquil north-facing backyards deliver an almost rural ambience in this vibrant city-fringe location, indulging alfresco enjoyment with family and friends beneath a shower of sun. 58 Erskine was extended some 50 years ago to offer a large lounge room plus a separate kitchen and dining room, while 60 Erskine provides an integrated kitchen and living domain. Both homes have four-bedroom, one-bathroom accommodation for family living in this community-focussed locale. Situated on Hotham Hill, the homes are mere footsteps from Royal Park, surrounding cafés, Arden Gardens shopping, plus city-bound trams, and Arden and Macaulay train stations. Perfectly connected for lifestyle, the homes are minutes from Melbourne's best hospitals, esteemed schools and universities including University High and North Melbourne Primary schools, Errol Street's entertainment, the Queen Victoria Market, and the endless delights of the CBD.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 8
- Bathrooms
- 2
- Land Area
- 510 m²
- Listed
- 2 months ago
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Neighbourhood
Living in North Melbourne
This 8-bedroom house in North Melbourne, VIC 3051 sits within reach of public transport, local shops and nearby schools.
Schools near North Melbourne
- North Melbourne Primary Schoolprimary · Prep-6 · CoEd
- St Michael's Primary Schoolprimary · Prep-6 · CoEd
- Mount Alexander 7-12 College-River Nile Campussecondary
- River Nile Schoolsecondary · 11-12 · Girls
- SEDA College (Victoria) - The Huddle, North Melbourne Football Clubsecondary
- St Aloysius Collegesecondary · 7-12 · CoEd
What's nearby
- Melrose Street/Canning Street (bus) — 251 m away
- Melrose Convenience Store — 149 m away
- Unnamed — 197 m away
- Pleasance Gardens — 315 m away
- Unnamed — 358 m away
North Melbourne at a glance
Full suburb profile- Population
- 14,953
- Median age
- 31
- Household income
- $1,717/wk
- Median rent
- $381/wk
- Median mortgage
- $2,035/mo
Source: ABS Census.
Due diligence
Property Report
Zoning & Regional Plan
GRZ1
General Residential Zone Schedule 1
Melbourne Planning Scheme
Height Limit
11 metres (or 3 storeys in most areas)
Min Lot Size
300m²
Suburb market
Suburb price trend
North Melbourne price trend
Median sold · House 2 bed
Compound growth +1.7% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full North Melbourne marketThis listing
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Price history
Listing price changes & sale
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