OFF MARKET

GROUND FLOOR/721 Nicholson Street
Carlton North VIC 3054

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 60m2
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Last updated 22 Jul 2024
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Property Details for Ground Floor/721 Nicholson St, Carlton North

Ground Floor/721 Nicholson St, Carlton North is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a land size of 60m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2015
Floor Size
108m2
Land Size
60m2
Local Government
Yarra
Lot/Plan
1/TP399815

Last Listing description (November 2023)

Vision Real Estate are pleased to offer for Private Sale, this securely leased retail investment property.

Located in the much sought after and tightly held Nicholson Street retail precinct, this property offers an opportunity for astute investors to purchase a solid retail investment with huge capital growth potential with a proven tenant in one of the best inner city suburbs in Melbourne.

Features Include;

* Area: 72sqm approx
* Long standing tenant
* Market rent of $32,239.47 per annum plus outgoings and GST
* 5 year lease commenced 01/05/2020
* Refurbished building

For all enquiries, information and inspections please contact Tim Bindley

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Property History for Ground Floor/721 Nicholson St, Carlton North, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$925,000
11 Dec 2014
Listed for Rent
$537/w
02 May 2015
  • 02 Oct 2023
    Listed for Sale $675,000 circa 5% Return
  • 14 Jan 2015
    Listed for Rent - Price not available
  • 11 Dec 2014
    Sold for $925,000
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About 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 3,602 properties.

    There are currently 4 properties listed for sale, and 10 properties listed for rent in Carlton north on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Carlton north.

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