218 Queens Parade, Fitzroy North
A Grand Edwardian Canvas with Northern Light, Rear Lane Access & Blue-Chip Potential
Inspection Times
Under Offer
Quoted Price
$1,575,000 - $1,675,000
Tucked behind a leafy service road lined with majestic elm trees, this substantial Edwardian solid-brick residence presents a rare opportunity to secure land, light and long-term upside in one of Fitzroy North’s most tightly held pockets.
Set on a generous 328m² allotment with dual-width rear laneway access to a large single garage, the home enjoys a prized northerly rear aspect that will immediately resonate with renovators, families and architects alike. Historically a classic Edwardian of four to six principal rooms, the residence was converted many years ago into two self-contained two-bedroom apartments, each with its own lounge, kitchen and bathroom. In its current configuration, the property is capable of generating approximately $1,100–$1,200 per week in combined rental income, offering a strong holding return while future plans take shape.
For the next owner, however, the real value lies in what this home can become. Rich in period detail and solid in construction, the residence retains the character buyers actively seek, including high decorative ceilings, original fireplaces, timber floors and enduring solid-brick bones. The opportunity exists to restore the home as a magnificent single-family residence, introducing four to five bedrooms, expansive open-plan living at the rear and, subject to approval, a second level to fully capitalise on the land size and orientation. The rear invites a bold contemporary intervention of glass, light and volume, while the front rooms preserve the warmth, scale and authenticity of the original Edwardian form.
Positioned on Queens Parade’s quiet service road, the home enjoys a surprising sense of calm while remaining moments from everything that defines Fitzroy North living. Edinburgh Gardens is a short stroll away, Queens Parade Village cafés, bakeries and wine bars sit at the doorstep, and the Yarra and Merri Creek trails, along with the CBD, are all within easy reach. Surrounded by prestigious period homes and tree-lined streets, this is a property that rewards vision, offering immediate income, exceptional land value and the chance to create a forever home in a location that continues to outperform.
A rare Edwardian opportunity where character, flexibility and future potential align.
