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1 Drummond Street, Carlton, Vic 3053

1 Drummond Street, Carlton, Vic 3053

Medical/Consulting Offices Retail

  • For Sale
  • Contact Agent
  • For Sale

'Melbournia Terrace' - Outstanding future opportunity on the cusp of the CBD

  • Invest now, occupy later
  • Rental return of approx. $64k
  • Outstanding city-fringe opportunity

  • Land Area
  • 188.00 m² (approx)
  • Floor Area
  • 210 m²
  • Last Updated
  • Jan 03, 2022
  • Zoning
  • Mixed Use

Interested in this property? Contact an Agent today

Nelson Alexander Commercial

187 Gertrude St

Fitzroy Vic 3065

Kristian Lunardi

'Melbournia Terrace' - Outstanding future opportunity on the cusp of the CBD

Melbourne Terrace was erected in 1876-77 as a speculative venture by Woolf Davis alongside well known architect Norman Hitchcock. Davis occupied No. 1 and owned the whole terrace until the late 1890's and some 100+ years later still commands a high profile city-fringe position on the corner of Victoria Street. A striking Victorian terrace and flexible Mixed Use zoning, the premises offer vast future usage options that cross the spectrum of lifestyle and investment appeal including accommodation, offices, medical rooms, a landmark home or business (STCA).

Key Features:

> Net Rental (excl land tax) $63,584.4 and lease expiry July 2022
> Tenant: FlexiStayz, sort stay accommodation services
> This unique property enjoys marvelous exposure in a coveted location close to vibrant Lygon Street, Carlton Gardens, Melbourne University and RMIT
> Easy access to hospitals, a selection of public transport and the future Melbourne Metro Tunnel
> Flexible Mixed Use Zoning in a suburb with a median house price $1,521,000*

For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419

1 Drummond Street, Carlton, Vic 3053

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