{"Slug":"block-of-units-16-ridley-street-albion-vic-3020","CanonicalUrl":"https://realsearch.com.au/block-of-units-16-ridley-street-albion-vic-3020","Address":"16 Ridley Street, Albion, Vic 3020","Suburb":"Albion","State":"VIC","Postcode":"3020","PropertyType":"Block Of Units","Status":"Sold","Headline":null,"Description":"An extraordinary chance to secure a substantial freehold holding with limitless potential, this former 31-bedroom rooming house is being offered to the market by auction only – stripped back to its quality bones and ready for its next chapter.Set on an expansive 1,170sqm (approx.) allotment, the building has been cleared internally, providing a blank canvas for developers, builders, and visionaries to reimagine, redesign and revitalise (STCA). Whether you're considering reinstating rooming accommodation, creating a boutique residential development, exploring supported accommodation, or transforming the site entirely, the foundations are here for something truly special.With its solid underlying structure and significant land component, this is a rare opportunity to capitalise on the scale, flexibility and future growth potential of such a substantial property.Key Highlights:*Former 31-bedroom rooming house*26 Bathrooms and 26 Toilets *4 Kitchens and 2 Laundry's *Generous 1,170sqm (approx.) landholding*Stripped back internally – ready for renovation or redevelopment*Exceptional scope for value-add (STCA)*To be sold via Auction only - purchaser must attend on site auction.Opportunities of this size and versatility are seldom offered. Bring your vision, your architect and your ambition – and unlock the full potential of this remarkable property.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":2814000.00,"Display":"$2,814,000"},"Bedrooms":"30","Bathrooms":"20","Parking":"10","Features":[{"Name":"Bedrooms","Value":"30"},{"Name":"Bathrooms","Value":"20"},{"Name":"Carports","Value":"10"},{"Name":"Area","Value":"1,170 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.78368683,"Longitude":144.82541596,"Agent":{"Name":"Adrian Kay","CanonicalUrl":"https://realsearch.com.au/agent/adrian-kay"},"Agency":{"Name":"Douglas Kay Real Estate - Sunshine","CanonicalUrl":"https://realsearch.com.au/agency/douglas-kay-real-estate-sunshine"},"CreatedAt":"2026-03-03T07:35:20.1489117","UpdatedAt":"2026-10-03T13:37:03.2833333"}