915 Rathdowne StreetCarlton North VIC 3054
Property Details for 915 Rathdowne St, Carlton North
915 Rathdowne St, Carlton North is a 1 bedroom, 1 bathroom Unit and was built in 1900. The property has a land size of 156m2 and floor size of 157m2.
Last Listing description (February 2024)
OFF MARKET OPPORTUNITY
Perfectly positioned on one of Carlton North's best known streets, this classic double storey Victorian shop/office/dwelling offers the astute investor a brilliant opportunity.
Part of a row of history filled terrace shops that, in a bygone area, offered locals convenience service shopping, 919 Rathdowne Street has been renovated to exacting standards.
The quality of the property is a testament to the owner's vision to simply do it right. Features include a superb marble kitchen, 2 stunning bathrooms, ducted air-con, hydronic heating and polished timber floorboards.
Currently leased to two separate tenancies, one being an architect's office and the other a residential studio to the rear above a lock-up garage.
Offering a secure nett rental return of $82,000 spread across the two tenancies, the flexibility the property enjoys with two income sources cannot be under-estimated.
For more details and a copy of the IM, contact the selling agents now.
Property History for 915 Rathdowne St, Carlton North, VIC 3054
- 06 Jul 2023Listed for Sale $1,995,000
- 16 Mar 2021Listed for Rent $340 / week
- 17 Aug 2018Listed for Rent $55,000 / year
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0About Carlton North 3054
The size of Carlton North is approximately 1.9 square kilometres. It has 9 parks covering nearly 26% of total area. The population of Carlton North in 2011 was 6,219 people. By 2016 the population was 6,277 showing a population growth of 0.9% in the area during that time. The predominant age group in Carlton North is 20-29 years. Households in Carlton North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Carlton North work in a professional occupation. In 2011, 45.3% of the homes in Carlton North were owner-occupied compared with 45.5% in 2016.
Carlton North has 3,591 properties. Over the last 5 years, Houses in Carlton North have seen a 6.61% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:
- The median value for Houses in Carlton North is $1,645,294 while the median value for Units is $762,605.
- Houses have a median rent of $780 while Units have a median rent of $580.
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