SOLD
Sold on 07 Mar 2024 for $1,750,000

225 Lygon Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 281m2
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Property Details for 225 Lygon St, Carlton

Building Type
Commercial
Land Size
281m2
Local Government
Melbourne
Lot/Plan
2/LP147198

Last Listing description (July 2023)

Lygon Street Hospitality precinct.
Adjacent to ANZ Bank, Papa Ginos restaurant, University Cafe and TAB
Comprises 70m2 approx of ground floor space.

Note: Commercial Kitchen canopy and bathrooms to Ground floor,
1st Floor offices, storage, cool rooms and bathroom of 68m/2 total NLA of 166 M/2
Rent & Lease Terms Negotiable

Inspections available by appointment. Email or phone agent's for your preferred day/time to inspect.
Further details and Inspections contact Damien Shiel 0419 394 999

Property History for 225 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$1,750,000
07 Mar 2024
Listed for Rent
$75k/w
10 Jul 2023
  • 07 Mar 2024
    Sold for $1,750,000
  • 25 May 2023
    Listed for Rent $75,000 / year
  • 22 Feb 2022
    Listed for Sale $1,950,000 to $2,145,000
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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 15,706 properties. Over the last 5 years, Houses in Carlton have seen a 5.40% increase in median value, while Units have seen a -4.41% decrease. As at 30 November 2024:

  • The median value for Houses in Carlton is $1,517,687 while the median value for Units is $364,365.
  • Houses have a median rent of $650 while Units have a median rent of $525.
There are currently 59 properties listed for sale, and 110 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 513 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.