389 Rathdowne Street, Carlton, VIC 3053 | Commercial for rent | OnTheHouse
FOR RENT
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389 Rathdowne Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 105m2
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Ground Floor Corner Retail/Consulting Opportunity in the Heart of Carlton.

Woodards Commercial is pleased to introduce 389 Rathdowne Street, Carlton, now available for lease. Situated at the corner of Rathdowne Street and Elgin Street, this building showcases distinctive Victorian architectural features. Public transportation options are conveniently located, with bus services running regularly on Elgin Street and Rathdowne Street, and tram services just a short 400m* away on Nicholson Street.
This prime location offers easy access to iconic attractions such as the Melbourne Museum, Cinema Nova, the Royal Exhibition Building, Melbourne University, and more, all within walking distance.
The premises itself feature a spacious open-plan retail area with high ceilings and Victorian-style windows, allowing ample natural light. An office/storage area is connected via a common hallway, with additional storage available under the command staircase. One (1) car space are located at the rear, accessed via R.O.W, with direct entry to the building. Ample on-street customer parking is also available.
Property Highlights:
• Total Lettable Area | 105m2*
• Separate office/storage | 11m2*
• Hight ceiling | 4.6m*
• Corner site with premium exposure
• Internal private bathroom amities
• One (1) car space at rear
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Property Details for 389 Rathdowne St, Carlton

Building Type
Commercial
Floor Size
105m2
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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 2016 was 18535 people. By 2021 the population was 16055 showing a population decline of 13.4% 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 2021, 23.30% of the homes in Carlton were owner-occupied compared with 18.60% in 2016.

Carlton has 16,031 properties. Over the last 5 years, Houses in Carlton have seen a 11.55% increase in median value, while Units have seen a -2.13% decrease. As at 30 November 2025:

  • The median value for Houses in Carlton is $1,669,881 while the median value for Units is $337,144.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 81 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 644 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Simon Liang
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Tobi-Lee Vivian
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.