21-23 Stawell Street, North Melbourne, Vic 3051

ESP $3,600,000-$3,960,000

Apartment
Type
4
Bedrooms
4
Bathrooms
1
Parkings
464 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 21-23 Stawell Street, North Melbourne, Vic 3051)

ESP $3,600,000-$3,960,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and architecturally striking converted warehouse offering premium live/work spaces, a self-contained studio, and stunning rooftop views in the heart of North Melbourne.

🏡 Property Highlights

  • Impressive 464sqm converted warehouse with dual street frontage
  • Flexible live/work layout suitable for creative, professional, and business use
  • Separate self-contained studio for guest accommodation or rental income
  • Private rooftop deck with Melbourne skyline views for entertaining
  • Prime North Melbourne location near Arden Station and Queen Victoria Market
  • Modern amenities including ducted heating and cooling throughout

✨ Key Features

  • Open-Plan Living
  • Home Office / Study
  • Outdoor Area
  • Balcony
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Garage / Secure Parking

North Melbourne is a vibrant, rapidly evolving suburb renowned for its eclectic mix of historic warehouses, trendy cafes, and green spaces. It offers excellent connectivity to Melbourne’s CBD via major transport links, making it ideal for professionals and creatives alike. The area boasts a strong community vibe, diverse dining options, and proximity to iconic markets and parks. With ongoing urban renewal, North Melbourne presents a dynamic environment for both living and working. Its strategic location and unique architectural character make it a highly sought-after precinct for investors and lifestyle seekers.

What are the main features of this converted warehouse?
This property features a flexible live/work layout, a self-contained studio, a private rooftop deck, modern amenities including ducted heating and cooling, and dual street frontage for excellent exposure.
Is the property suitable for creative or professional businesses?
Yes, the expansive commercial ground floor with private offices and open-plan workspace makes it ideal for creative agencies, design studios, technology firms, and consultancies.
What lifestyle amenities are nearby?
The property is close to Arden Station, Queen Victoria Market, Errol Street cafes, boutiques, and Flagstaff Gardens, providing vibrant dining, shopping, and green spaces.
Does the property include outdoor entertaining space?
Yes, the private rooftop deck offers an excellent setting for entertaining, relaxing, or hosting clients with views of Melbourne's skyline.
What are the heating and cooling features?
The property is equipped with ducted heating and cooling throughout, ensuring comfort across all levels year-round.
Are there any restrictions or easements affecting the property’s use or future development potential? What are the ongoing maintenance costs for the building and shared facilities? Has the property been inspected for structural issues or potential defects? Are there any upcoming planning or zoning changes in the area that could impact the property? Is the property compliant with all local building codes and regulations? Are there any planned developments or construction nearby that could affect privacy or noise levels? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in this area? Are there any restrictions on the use of the self-contained studio for rental or commercial purposes? What are the long-term capital growth prospects for this location?

21-23 Stawell Street, North Melbourne, Vic 3051 - More Details

ESP $3,600,000-$3,960,000

A landmark of architectural strength and refined industrial elegance, 21–23 Stawell Street stands as one of North Melbourne's most compelling and substantial live/work offerings. Encompassing approximately 464sqm, this impressive converted warehouse delivers scale, flexibility and rare dual street frontage - a blue-chip opportunity within one of Melbourne's fastest evolving city-fringe precincts. Designed for those who think beyond convention, it offers entrepreneurs, creatives, investors and professionals a seamless fusion of business functionality, lifestyle excellence and long-term capital growth.

Behind its commanding industrial façade lies a brilliantly executed live/work environment. The ground floor presents an expansive commercial domain featuring four private offices, a generous open-plan workspace bathed in natural light, a well-appointed kitchenette and two modern bathrooms. The layout offers exceptional flexibility for creative agencies, architecture and design studios, technology firms, consultancies or boutique headquarters seeking a distinctive address. Access via the second street frontage at 26 Munster Terrace further enhances exposure, convenience and operational efficiency.

Upstairs, the property transforms into a sophisticated residential retreat. The first floor unfolds into a vast open-plan living and dining zone anchored by a sleek stainless-steel kitchen, where original warehouse character blends seamlessly with contemporary refinement. Two mezzanine bedrooms overlook the main level, complemented by a separate study and an additional large master bedroom. An elegantly designed oval powder room and a full bathroom with separate shower and bath complete the level, delivering both luxury and practicality.

Adding another layer of versatility, the property incorporates a separate, self-contained studio - ideal for guest accommodation, rental income, consulting suites or an independent creative workspace. This rare inclusion significantly enhances the asset's multi-income and multi-purpose appeal.

A private rooftop deck crowns the building, offering an exceptional setting for entertaining, hosting clients or relaxing against the backdrop of Melbourne's skyline. Ducted heating and cooling throughout ensure year-round comfort across all levels.

Positioned moments from Arden Station and the transformative Metro Tunnel network, the location places you at the forefront of North Melbourne's next chapter. Enjoy a short stroll to the vibrant cafés and boutiques of Errol Street, the iconic Queen Victoria Market and the open green spaces of Flagstaff Gardens, with immediate connectivity to the CBD and major transport links.

This is more than a warehouse conversion. It is a high-performing asset, an elevated lifestyle and a strategic acquisition within a tightly held growth corridor. Opportunities of this calibre, scale and flexibility are exceptionally rare.

Inspection by appointment or see you at the open home. Enquire today to experience 21–23 Stawell Street, North Melbourne - where vision meets value.
Type
Apartment
Bedrooms
4
Bathrooms
4
Parkings
1
Area
464 m²
Study
1

Price guide

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