Welcome to 154-156 Rathdowne Street in the heart of Carlton. First time offered to the market in over 40 years with vacant possession. Located in the vibrant suburb of Carlton, you'll have everything you need right at your doorstep. From trendy cafes, restaurants to boutique shops, parks, and public transport options nearby, you'll have easy access to the CBD and beyond.
Comprises of a ground floor shop/restaurant and an upstairs 3-4 bedroom residence/office, this property has enormous potential. Whether you want to invest, occupy or further develop (STCA) this is a fantastic opportunity. With a prime location and an array of possibilities, this is a great investment that truly stands out from the rest.
Don't miss your chance to secure this exceptional property in one of Melbourne's most sought-after locations.
Contact us today for more information or to arrange a private inspection.
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 16,054 properties. Over the last 5 years, Houses in Carlton have seen a 1.31% increase in median value, while Units have seen a -12.97% decrease. As at 31 January 2026:
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