GROUND FLOOR/219 Nicholson StreetCarlton VIC 3053
Property Details for Ground Floor/219 Nicholson St, Carlton
Last Listing description (September 2023)
Nelson Alexander Commercial are delighted to offer For Sale this prime investment opportunity nestled between Lygon Street and Brunswick Street, within walking distance or a short tram ride to Carlton Gardens and the CBD. This renovated shop and dwelling property offers a range of options for the potential purchaser (STCA). Featuring a spacious shopfront/showroom downstairs and a contemporary one-bedroom residence above.
Key features
> Renovated contemporary one-bedroom home with a well-equipped kitchen, living and meals area opening to a bright private terrace
> Prime City fringe location, Carlton is one of Melbourne's most sought-after locations with a strong median house price of $1,525,000^
> Current passing income of $46,800pa
For all enquiries or to arrange a private inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
*approx.
^source: ***
Property History for Ground Floor/219 Nicholson St, Carlton, VIC 3053
- 10 Aug 2023Sold for $1,073,000
- 17 Mar 2023Listed for Sale Contact Agent
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0About 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 15,684 properties. Over the last 5 years, Houses in Carlton have seen a 16.38% increase in median value, while Units have seen a -3.14% decrease. As at 31 July 2024:
- The median value for Houses in Carlton is $1,518,761 while the median value for Units is $364,888.
- Houses have a median rent of $675 while Units have a median rent of $520.
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