191 Peel Street, North Melbourne, VIC 3051

Positioned adjacent to newly completed Bedford St Pocket Park, this commanding Victorian terrace combines period grandeur with contemporary appointments. Boasting a wider than usual (just under 7-meter) frontage, this distinguished residence sits moments from Queen Victoria Market and Melbourne's CBD.

The striking facade introduces refined interiors featuring soaring ceilings throughout. Four expansive bedrooms, each with original working fireplaces, flow from the wide hallway alongside a stately formal lounge showcasing a Carrara marble fireplace. A stylish main bathroom, second bathroom/laundry, and powder room feature travertine tiling and brass appointments. A well appointed kitchen impresses with Carrara stone benchtop, integrated dishwasher, and premium 900mm Smeg oven.

Retained period details include intricate ornate plasterwork and Baltic Pine floors throughout, while the covered front balcony captures sweeping city views. The private rear courtyard features bluestone French pattern paving for low maintenance entertaining.

Further, the property presents flexible use and outstanding development and subdivision prospects (STCA, detailed plans available), enhanced by the property's strategic Mixed Use zoning under the City North structure plan.

This premium address unlocks unparalleled connectivity:

- Steps to Parkville metro station and free tram zone

- Minutes to Melbourne University and hospital precinct

- Zoned for North Melbourne Primary and University High

- Surrounded by Melbourne's finest dining and culture

The versatile floorplan and flexible zoning accommodate residential, medical, or mixed commercial possibilities, supported by strong rental returns. This landmark offering represents a superior investment in one of Melbourne's most rapidly appreciating locations.

An exceptional opportunity awaiting your inspection.