Immediately liveable, this period home can be either placed on the rental market, or occupied by buyers searching for their city fringe residence. Situated on an allotment of approximately 130 sqm in a Mixed Use Zone, suitable for a home/office, or a prestigious home with proposed architect plans to renovate into a magnificent and opulent three bedroom and a study dwelling. Currently comprising an entrance hall, two bedrooms (BIR), and open plan kitchen, meals and living areas. A wide gateway off Stawell Street provides excellent access to the side of the building through to a rear courtyard. Features polished timber floors, and a 1.5 kw solar system to save on power bills. With multiple capital infrastructure projects happening in the vicinity of North and West Melbourne, this property has superb hallmarks for future capital growth. Enjoy the fabulous lifestyle that North Melbourne has to offer, close to public transport, shops, Queen Victoria Market, and the CBD. Only minutes to Melbournes tertiary and medical precincts. This residence is also within the catchment area of University High School.