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629 Rathdowne Street, Carlton North, Vic 3054

629 Rathdowne Street, Carlton North, Vic 3054 For Sale
629 Rathdowne Street, Carlton North, Vic 3054 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Image 629 Rathdowne Street, Carlton North, Vic 3054-Floorplan
House
Type
3
Bedrooms
2
Bathrooms
103 m²
Area

Last updated on Wednesday, May 13, 2026 ( See property details for 629 Rathdowne Street, Carlton North, Vic 3054)

$2,100,000 - $2,300,000

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

A beautifully renovated Victorian shop/dwelling in Rathdowne Village offering versatile live, work, and investment options with dual street frontages and multiple income streams.

🏡 Property Highlights

  • Dual street frontages to Rathdowne and Henry Streets, offering versatile options.
  • Split into two titles, providing flexibility for various uses.
  • Recently renovated with stylish attention to detail, blending character and modernity.
  • Three income streams from ground-level shop and two residential components, ideal for investors.
  • Live and invest opportunity with a stunning renovated residential space and rental income.
  • Perfect shop-top-dwelling setup for those seeking a live-work arrangement.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Garage / Secure Parking
  • Ceiling Fans
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629 Rathdowne Street
Carlton North, VIC 3054
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Vertical aerial view — 629 Rathdowne Street
629 Rathdowne Street — Vertical Aerial  •  Carlton North, VIC 3054  •  Nearmap © 2026

Rathdowne Village is a vibrant inner-north Melbourne precinct renowned for its lively cafe and retail strip, historic character, and strong community vibe. It offers excellent walkability, proximity to parks and public transport, and a diverse range of dining and shopping options. The area is highly sought after for its blend of heritage charm and modern convenience, making it ideal for both residents and investors. With easy access to Melbourne’s CBD, Rathdowne Village is perfect for those seeking a dynamic urban lifestyle.

What is the layout of the property and how are the living spaces configured?
The property features a split-level design with a ground-level shop and two separate residential components upstairs, offering flexible living and working arrangements.
What are the current income streams and rental arrangements?
The property currently generates income from the ground-level shop and two residential components, which are enjoying terrific income via short-term stays.
Has the property been recently renovated and what features have been updated?
Yes, the property has been renovated with passion and style, with attention to detail, blending character with modern updates.
Is there potential for future development or expansion?
The property’s split into two titles and dual frontages offer potential for various development or expansion options, subject to council approval.
What are the nearby amenities and transport options?
Located in Rathdowne Village, the property is close to cafes, retail strips, parks, and public transport, providing a highly walkable and convenient inner-city lifestyle.
Are there any zoning restrictions or planning overlays that could affect future development or renovations? What are the strata or body corporate fees, if applicable? Are there any easements, covenants, or restrictions on the property? Has the property been inspected for structural issues or pest infestations? Are there any upcoming planning or construction projects in the vicinity that could impact the property’s value or enjoyment? What are the total costs involved, including stamp duty, legal fees, and ongoing maintenance? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any existing warranties or guarantees on recent renovations or upgrades? What are the terms of the current short-term rental agreements? Are there any restrictions on the use of the property for commercial purposes?

629 Rathdowne Street, Carlton North, Vic 3054 - More Details

$2,100,000 - $2,300,000

PLEASE NOTE RESIDENTIAL ENTRY VIA 14 HENRY STREET

Expressions of Interest - Closing Friday 22nd May at 3pm (unless sold prior)

Perfectly positioned in the heart of one of Rathdowne Village, one of the inner-north's hottest and most desirous cafe and retail strips, this handsome and commanding Victorian shop/dwelling offers flexibility with a capital F.

Offering dual street frontages to both Rathdowne and Henry Street and being split into two titles (up and down) this outstanding property offers many options.

Renovated with passion and style and a real attention to detail, this character-filled property not to be missed and needs to be inspected to fully appreciate the unique opportunity it offers.

1. For the investor there are three 3 income streams via the ground level shop and two separate residential components currently enjoying terrific income via short-term stays.

2. Live and invest - live in the stunningly renovated residential component from Henry Street offering 3 bedrooms and 2 bathrooms and enjoy rental income from the shop facing Rathdowne Street. The perfect inner-city sanctuary for those looking for a lock-n-leave low maintenance lifestyle.

3. Work and live - work from the ground level shop and live upstairs. The perfect shop-top-dwelling opportunity awaits. The two street frontages makes this a breeze.

For an information memorandum reach out to the selling agents.
Type
House
Bedrooms
3
Bathrooms
2
Area
103 m²

Price guide

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