48 Roseneath Street, Clifton Hill, Vic 3068

$1,400,000 - $1,500,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
346 m²
Area

Published on Monday, April 13, 2026 ( See property details for 48 Roseneath Street, Clifton Hill, Vic 3068)

$1,400,000 - $1,500,000

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

A versatile multi-use property in a prime Clifton Hill location offering redevelopment potential, strong rental income, and excellent lifestyle amenities.

🏡 Property Highlights

  • Prime location in highly sought-after Clifton Hill with top-rated cafes nearby
  • Versatile property with retail space and original three-bedroom residence
  • Potential for redevelopment into two premium homes (STCA)
  • Leasable for approximately $1000 per week, offering strong cash flow
  • Broad 12.4 metre frontage ideal for redevelopment or new builds
  • Close proximity to train station, Darling Gardens, and Yarra River

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Open-Plan Living
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Secure Parking
  • Home Office / Study
  • Ceiling Fans

Clifton Hill is a vibrant inner-city suburb renowned for its eclectic cafes, lush parks, and excellent transport links. Residents enjoy easy access to the Yarra River and scenic trails, making it ideal for outdoor enthusiasts. The area boasts a mix of historic homes and modern developments, attracting professionals and families alike. Its proximity to Melbourne’s CBD ensures a dynamic lifestyle with a range of dining, shopping, and entertainment options. The neighbourhood’s strong community vibe and ongoing development make it a highly desirable place to live and invest.

What are the redevelopment possibilities for this property?
With a broad 12.4 metre frontage, the property offers potential to redevelop into two premium homes or a contemporary masterpiece, subject to council approval (STCA).
Is there existing rental income, and what is the potential yield?
Yes, the property can be leased out for approximately $1000 per week, providing a strong cash flow for investors.
What amenities and lifestyle features are nearby?
The property is close to top-rated cafes, Darling Gardens, the Yarra River, and the Main Yarra Trail, offering excellent outdoor and recreational opportunities.
What are the transport options available?
It is stone’s throw from the train station and near the Eastern Freeway, providing convenient access to Melbourne’s CBD and surrounding suburbs.
Are there any restrictions or planning considerations for redevelopment?
Redevelopment is subject to council approval (STCA). It is advisable to consult local planning regulations for specific requirements.
Are there any zoning restrictions or easements that could affect redevelopment plans? What are the potential costs for council approvals and permits? Are there any existing structural issues or defects with the residence or retail space? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or livability? What are the strata or body corporate considerations, if applicable? Are there any hidden costs associated with the property’s current condition or future redevelopment?

48 Roseneath Street, Clifton Hill, Vic 3068 - More Details

$1,400,000 - $1,500,000

On approximately 346 square metres in a highly sought after neighbourhood pocket, this property is surrounded top-rated cafes and a desirable inner-city lifestyle.

The retail space is fitted with a walk-in cool room while behind, there's an original three bedroom residence with a kitchen/meals, bathroom and storeroom.

An attractive proposition for a small business or rewarding cash flow addition to an investment portfolio, this multi-use property can be leased out for approximately $1000 per week.

Alternatively, grab this rare opportunity to start over and redevelop into a contemporary masterpiece or two premium homes with its broad 12.4 metre approx. frontage (STCA).

Stone throw away from the train station, beautiful Darling Gardens and the entry to the Eastern Freeway, walk to the banks of the Yarra River and the winding Main Yarra Trail.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
346 m²

Price guide

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