5-7 Youngs Lane,
North Melbourne, VIC 3051

Development Sites & Land • Warehouse, Factory & Industrial

Detailed listing

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Tenure type

Sold on

Map of 5-7 Youngs Lane

Directions

Limited Only by Your Imagination

Situated on Youngs Lane, which runs off leafy Molesworth Street, this corner block of 169 sqm (approx) with a partial brick & timber structure offers a rare opportunity, not only for developers & builders, but also buyers searching for a site to build their dream home. Boasting two street frontages, excellent car access, a northern aspect and highly sought after Neighbourhood Residential Zoning (NRZ3) allowing for multi-level dwellings (STCA). Brilliantly positioned close to North Melbourne Primary School, Melbourne’s major hospitals, Melbourne University, Royal Park, Woolworths Arden Gardens, the Errol Street shopping precinct, public transport, only 2.5 kms from the CBD and also within the prestigious University High School enrolment zone. Inspect as advertised or by appointment.

North Melbourne, 3051 demographic data

The median household income for North Melbourne is $1,717, 10% lower than Greater Melbourne's household income of $1,901. North Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 31 vs 37). Property ownership data shows 57% of property owners in North Melbourne have a mortgage.

14,953

Population

$1,717 per week

Median household income

31 years

Median age

Renters

Most residents

Families

Most households