OFF MARKET

115 Drummond Street
Carlton VIC 3053

Bedrooms: 4
Bathrooms: -
Car spaces: 1
Land area: 542279m2
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Property Details for 115 Drummond St, Carlton

Building Type
Commercial
Land Size
542279m2
Local Government
Melbourne
Lot/Plan
1/TP371842

Last Listing description (August 2023)

Power Commercial are pleased to offer this highly sought after double storey terrace situated on the west side of Drummond Street between Queensberry Street and Pelham Street, within walking distance to the CBD, Exhibition Gardens , Lygon street and Tertiary/Hospital precinct

*Land Area of 134 sqm

*Dual access
*Street frontage of over 7 metres
*Onsite carpark
*Mixed Use Zone
*Potential value add opportunity (stca)

Fully leased to professional allied health practitioner providing an annual income of $44,075 p/a Net + gst + outgoings
The availability of this outstanding city fringe property represents an extremely rare opportunity for investors and potential owner occupiers
Contract of Sale documentation available upon request

INSPECTIONS BY APPOINTMENT ONLY
For further details please contact
Claudio Gastaldello 0418 389 421

Property History for 115 Drummond St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$1,800,000
12 Aug 2023
Listed for Rent
$862/w
16 Jun 2021
  • 12 Aug 2023
    Sold for $1,800,000
  • 18 May 2023
    Listed for Sale CONTACT AGENT
  • 16 Mar 2021
    Listed for Rent - Price not available
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of total area. The population of Carlton in 2011 was 13,509 people. By 2016 the population was 18,506 showing a population growth of 37.0% in the area during that time. The predominant age group in Carlton is 20-29 years. Households in Carlton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation. In 2011, 21.6% of the homes in Carlton were owner-occupied compared with 18.6% in 2016.

Carlton has 15,594 properties. Over the last 5 years, Houses in Carlton have seen a 27.83% increase in median value, while Units have seen a -4.06% decrease. As at 30 September 2024:

  • The median value for Houses in Carlton is $1,665,443 while the median value for Units is $362,750.
  • Houses have a median rent of $675 while Units have a median rent of $515.
There are currently 59 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.