For Sale

54 George Street, Fitzroy, VIC, 3065

Endless potential in prime position

House

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, March 04, 2026 ( See property details for 54 George Street, Fitzroy, VIC, 3065)

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AI Property Insight

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A rare Fitzroy opportunity to restore and transform a character-filled, dual-residence property in a prime inner-city location with immense potential.

🏡 Property Highlights

Rare inner-city Fitzroy location with enormous renovation potential
Formerly two residences combined into a spacious, character-filled home
High ceilings, original fireplaces, and classic architectural details
Close to Melbourne's best cafés, wine bars, and restaurants
Walking distance to Fitzroy Gardens, Carlton Gardens, and the CBD
Flexible footprint for a comprehensive renovation or contemporary transformation

✨ Key Features

Open-Plan Living
Built-in Robes
Fireplace
Separate Laundry
High Ceilings
Original Architectural Details
Car Spaces
Traditional Façade
Generous Rear Yard
Right-of-Way Access

Suburb and Property Insights of Fitzroy, VIC 3065

Fitzroy is Melbourne’s vibrant cultural hub, renowned for its eclectic mix of cafés, bars, and boutiques. The suburb offers lush green spaces like Fitzroy Gardens and Carlton Gardens, with excellent public transport links to the CBD. Its rich history and diverse community make it a highly sought-after location for lifestyle and investment. Proximity to the University of Melbourne and St Vincent's Hospital adds to its appeal for professionals and students alike.

Frequently Asked Questions

What are the renovation possibilities for this property?

The property offers a flexible footprint suitable for a comprehensive renovation or a contemporary transformation, subject to council approval, allowing for creative reimagining of the space.

Is there potential for development or subdivision?

Given the land size and configuration, there may be potential for development or subdivision, but this would require approval from local council and planning authorities.

What is the condition of the existing structure?

The property is in original condition with character features such as fireplaces and high ceilings, and it is ready for a full renovation to modern standards.

Are there any planning restrictions or heritage overlays?

Potential buyers should consult with local council regarding planning restrictions, heritage overlays, and approval processes for renovation or development.

What are the nearby amenities and transport options?

The property is close to Melbourne’s best cafés, wine bars, and restaurants, with multiple tram routes connecting directly to the CBD, and walking distance to Fitzroy Gardens, Carlton Gardens, and key educational and medical precincts.

What to ask about this property to agent?

Are there any hidden costs associated with council approvals or heritage overlays? Has the property been inspected for structural issues or asbestos? Are there any easements, zoning restrictions, or planning permits required for renovation or development? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or enjoyment? What are the strata or body corporate considerations, if applicable? Are there any noise or nuisance issues from neighboring properties? Is there any history of previous damage or repairs needed? What are the ongoing maintenance costs for the property? Are there any restrictions on adding extensions or modifications to the existing structure?

54 George Street, Fitzroy, VIC, 3065 - More Details

Endless potential in prime position

Type: House
Bedrooms: 4
Bathrooms: 1
Parkings: 2

54 George Street, Fitzroy, VIC, 3065 - Point Of Interest

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Email Enquiry To Nelson Alexander - Fitzroy

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54 George Street, Fitzroy, VIC, 3065

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