Cradled at the meeting point of Heidelberg Road, Westfield Street and Albert Street, this spellbinding, heritage-listed estate invites you into a world where history, creativity and possibility converge. With three self-contained residences steeped in story and soul, this extraordinary property is more than a home - it's a living artwork, a sanctuary, and a future-ready investment in one of Melbourne's most dynamic inner-north pockets.
Zoned for industrial use, the scope here stretches far beyond the ordinary - a boutique development, creative studios, gallery spaces or a business HQ could all unfold within these historic walls (STCA). Whether you're a visionary entrepreneur, an inspired creative, or a multi-generational family seeking something truly special, This space offers a rare canvas for living, working and dreaming.
The Residence - A Fairytale Reimagined
Once among Victoria's very first milk bars, this iconic 1930s treasure enchants with its whimsical medieval flourishes - pointed archways, castle-like buttresses and a soaring gabled roof. Step inside to discover a breathtaking reinvention: polished concrete underfoot, a bespoke solid timber kitchen bench, high-end appliances, and a secluded courtyard cocooned in greenery. The master retreat with ensuite and a luxurious main bathroom with freestanding tub complete the transformation from historic relic to designer haven.
The Gallery - Where Art Lives On
Formerly an artist's sanctuary, The Gallery remains a space for imagination and expression. With bold black steel accents, modern finishes, and two bedrooms (one with ensuite), it's a residence infused with creative spirit. The private courtyard is your muse - a place for morning coffee, quiet thought, or starlit inspiration.
The Stables - A Whisper of the Countryside
Transport yourself to another time in The Stables, where rustic timber, soft vintage light and the warmth of a fireplace conjure the charm of a country hideaway. This unique home glows with personality, offering a tranquil courtyard and a soulful ambiance you'll fall in love with - just steps from the pulse of the inner city.
A Magical Setting on Nature's Edge
Moments from the Yarra River Trail, Studley Park Boathouse and endless parklands, and directly opposite sprawling green reserves, this location brings the serenity of nature into your everyday. You're also within easy reach of public transport, Northcote Golf Course, Fairfield Village, the newly redeveloped Northcote Aquatic and Recreation Centre, moments to the CBD and so much more.
Unlock Limitless Potential
With three street frontages, heritage charm and industrial zoning, the possibilities here are extraordinary. Currently a high-performing Airbnb offering excellent returns, the property is ready to be lived in, loved, or reimagined. Hold it as a once-in-a-generation investment, develop it into something bold, or simply enjoy the layered beauty of its past and present.
This is not just a property - it's a piece of Northcote's story. Magical, flexible, and endlessly rare, 181 Heidelberg Road is ready for its next chapter. Will you be the one to write it?