197 Peel Street, NORTH MELBOURNE VIC 3051



Historic and Charming Freehold in Mixed Use Zone


Working from home has become the new normal. Situated in Melbourne’s premier educational and healthcare quarter, this two-storey, two bedroom home offers four living areas that afford the space and flexibility to achieve the perfect work-life balance. The front two rooms could easily be utilised as a large office/conference room space that accommodates a number of people.

Offering easy access to the CBD, bike paths, parklands, universities and hospitals; the suburb is in the process of undergoing significant redevelopment. Public Transport accessibility is plentiful. In addition to the Peel Street tramline, major infrastructure development is already underway with the new Parkville Train Station opening soon.

Built circa 1890, this building has beautiful lead-light windows, some of which are hidden delights only the occupier will see. The meal area opens into a large open-air terrace with direct lane-way access. The top floor has two balconies: the Eastern balcony offers private city views and the Western balcony overlooks the alfresco courtyard and the cobbled bluestone side passage. The property boasts two entry points. Peel Street hosts the more formal entry point whilst an entrance for friends and family is accessible utilising the side lane.

This property presents beautifully for immediate satisfaction but offers opportunity to develop (STCA).

Historic Photo Credit to Graeme Butler (Courtesy Melbourne Library c. 1982)

Price guide

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  • Claire Spring

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  • Gabriel Mercuri

    Licensed Agent & 32 years experience

    Gabriel Mercuri is a professional representing Nicholson Real Estate - Brunswick East. Gabriel Mercuri has been in the industry since 1987. If you'd like to discuss your property with Gabriel,... Read More

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Property Features
  • Other
  • Land is 91 m²
  • Floor Area is 140 m²
Commercial Features

Mixed Use