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34-36 Nicholson Street, Fitzroy North, Vic 3068 For Sale
34-36 Nicholson Street, Fitzroy North, Vic 3068 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image 34-36 Nicholson Street, Fitzroy North, Vic 3068-Image

34-36 Nicholson Street, Fitzroy North, Vic 3068

$2,300,000 to $2,530,000

House
Type
4
Bedrooms
2
Bathrooms
628 mΒ²
Area

Published on Wednesday, August 12, 2026 ( See property details for 34-36 Nicholson Street, Fitzroy North, Vic 3068)

$2,300,000 to $2,530,000

Open on Saturday 15 August 12:45 pm | View All

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

A versatile 628 sqm property on Nicholson Street offering exceptional development potential and high exposure in a prime Fitzroy North location.

🏑 Property Highlights

  • Generous 628 sqm landholding with high street exposure
  • Strategic location with outstanding connectivity to Melbourne
  • Potential for future development with approved concept drawings for 15 apartments
  • Currently operating as a medical clinic, offering versatile use
  • Prominent position on busy Nicholson Street with high visibility
  • Ideal for investors and developers seeking land-banking opportunities

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Built-in Robes
  • Floorboards
  • Alarm system
  • Broadband
  • Pet-Friendly
  • Water tank
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34-36 Nicholson Street
Fitzroy North, VIC 3068
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Vertical aerial view β€” 34-36 Nicholson Street
34-36 Nicholson Street — Vertical Aerial  •  Fitzroy North, VIC 3068  •  Nearmap © 2026

Fitzroy North is a vibrant inner-north suburb renowned for its eclectic lifestyle, excellent transport links, diverse retail and dining options, and strong community vibe. Its proximity to Melbourne’s CBD makes it highly desirable for residents and investors alike, offering a perfect blend of urban convenience and cultural richness.

What is the current use of the property and can it be converted for residential use?
Currently operating as a medical clinic, the property is zoned Residential 1 and offers potential for conversion or redevelopment, subject to council approval.
Are there any planning permits or approvals in place for future development?
Concept drawings for a proposed five-storey development with 15 apartments have been prepared, but all development is subject to STCA (Subject To Council Approval).
What are the key transport options available nearby?
The property benefits from direct access to the M3 Freeway, Rushall Train Station, Merri Station, Nicholson Street/Glenlyon Road tram services, and nearby bus facilities, ensuring excellent connectivity.
Is the property suitable for investment or land-banking?
Yes, the substantial landholding, strategic location, and future development potential make it an ideal choice for investors and land-bankers seeking long-term growth.
What amenities and lifestyle options are available in the surrounding area?
The area is surrounded by established residential neighborhoods, retail outlets, educational institutions, and lifestyle amenities, offering a vibrant and convenient community environment.
Are there any existing easements, covenants, or zoning restrictions that could impact future development plans? Has a recent pest and building inspection been conducted, and are there any known defects or structural issues? Are there any upcoming planning or infrastructure projects in the area that could affect property value or development potential? What are the total costs involved in acquiring and developing the property, including council fees and levies? Is the property located within a flood or bushfire risk zone, and what mitigation measures are in place?

34-36 Nicholson Street, Fitzroy North, Vic 3068 - More Details

$2,300,000 to $2,530,000

Prominently positioned along busy Nicholson Street, this substantial 628 sqm landholding* presents an exceptional opportunity for investors and developers seeking a high-exposure property with outstanding future potential.

Currently operating as a medical clinic, the property offers a rare combination of generous landholding, prominent street exposure and a strategically connected location. Concept drawings have been prepared for a proposed five-storey development comprising 15 apartments, providing an exciting vision for the site's potential future transformation, STCA.

Zoned Residential 1, the property provides an ideal foundation for those seeking to invest or land-bank, and represents a compelling proposition for astute investors looking to secure a substantial asset in a tightly held inner-north location.

Positioned on one of the area's key thoroughfares, the property benefits from outstanding visibility and exposure, while its exceptional connectivity further enhances its appeal. Direct access to the M3 Freeway provides effortless connections across Melbourne, while Rushall Train Station, Merri Station, Nicholson Street/Glenlyon Road tram services and nearby bus facilities are all within easy reach.

Surrounded by established residential neighbourhoods, transport, retail, education and lifestyle amenities, this is an increasingly rare opportunity to secure a sizeable landholding with genuine development potential in a highly sought-after location.
Whether you're an experienced developer, strategic investor or looking to secure a property with future upside, this outstanding Nicholson Street opportunity offers the land, location, exposure and development potential to create something truly significant

Type
House
Bedrooms
4
Bathrooms
2
Area
628 mΒ²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 15 Aug 12:45 pm

    Saturday 15 August
    12:45 pm - 1:15 pm
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