118-120 Elgin Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

118-120 Elgin Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 338m2
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Property Details for 118-120 Elgin St, Carlton

Building Type
Commercial
Floor Size
500m2
Land Size
338m2
Local Government
Melbourne
Lot/Plan
1/TP752312

Last Listing description (July 2021)

Nelson Alexander Commercial are delighted to offer For Lease this prime commercial freehold, situated in the heart of vibrant Carlton and featuring existing hospitality permits and licenses.

Key Property Features:

Fantastic high exposure

Commercial 1 Zoning
550m2 total building area (approx.)
Cool rooms, extraction and grease trap already in place
Suit experienced hospitality operators or a variety of other uses (STPA)
Attractive lease terms on offer and long lease available

For all property enquiries please contact exclusive leasing agents Nelson Alexander Commercial on 9419 5511.

Property History for 118-120 Elgin St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$690,000
05 Aug 1998
Listed for Rent
$1.53k/w
23 Jul 2021
  • 30 Oct 2019
    Listed for Rent - Price not available
  • 30 Jun 2019
    Listed for Rent - Price not available
  • 01 May 2019
    Listed for Rent - Price not available
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. There are 9 parks, covering nearly 20.9% of the 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 16,059 properties. Over the last 5 years, Houses in Carlton have seen a -12.29% decrease in median value, while Units have seen a -13.64% decrease. As at 31 July 2026:

  • The median value for Houses in Carlton is $1,453,978 while the median value for Units is $341,114.
  • Houses have a median rent of $883 while Units have a median rent of $570.
There are currently 68 properties listed for sale, and 62 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 656 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Cotality Copyright and Legal Disclaimers about Property Data
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.