132-136 Lygon Street, Carlton, VIC 3053 sold on 21 January 2026 | OnTheHouse
SOLD
Sold on 21 Jan 2026 for $3,850,000

132-136 Lygon Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: -
Car spaces: -
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Property Details for 132-136 Lygon St, Carlton

Building Type
Commercial
Local Government
Melbourne
Lot/Plan
2/LP30501

Last Listing description (January 2024)

The Ultimate Lygon Street Corner Opportunity

Savills is delighted to offer for sale this premium corner freehold at 132-136 Lygon Street, Carlton. The property holds a prominent position within the iconic Lygon Street retail precinct and offers a rare value add opportunity.

Key attributes of this opportunity include:


Premium 251sqm* city-fringe freehold
Large 714sqm* 3 level building
Side and rear frontage to Finlay Place
Commercial 1 zoning with scope for development (STCA)
Liquor license for 350 patrons
Prized high amenity location 350m* from the Melbourne CBD
Situated at the entrance to Melbourne Carlton Central
Apartment Hotel
Invest, occupy or value add in the heart of a renowned retail precinct

*Approximate

For Private Sale

For further information please contact:

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Cam Zamora - 0482 888 886

Property History for 132-136 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$3,850,000
21 Jan 2026
  • 21 Jun 2022
    Listed for Sale Contact the Melbourne Retail Experts
  • 22 Jan 2021
    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 15,938 properties. Over the last 5 years, Houses in Carlton have seen a -12.67% decrease in median value, while Units have seen a -15.94% decrease. As at 31 May 2026:

  • The median value for Houses in Carlton is $1,468,327 while the median value for Units is $342,973.
  • Houses have a median rent of $895 while Units have a median rent of $560.
There are currently 70 properties listed for sale, and 63 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 638 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.