154-156 Rathdowne Street, Carlton, VIC 3053 sold on 13 May 2025 | OnTheHouse
SOLD
Sold on 13 May 2025 for $1,034,000

154-156 Rathdowne Street
Carlton VIC 3053

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 140m2
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Property Details for 154-156 Rathdowne St, Carlton

Building Type
Commercial
Floor Size
125m2
Land Size
140m2
Local Government
Melbourne
Lot/Plan
1/TP431077

Last Listing description (June 2024)

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.

Property Features:
- Zoned Commercial 1 (C1)
- Land Area 140sqm (approx.)
- Building Area 167sqm (approx.)
- Offered with Vacant Possession
- Prime Carlton Location
- Shop / Restaurant plus 3-4 Bedroom Residence/office
- Market Rent Circa $60,000 pa plus GST plus outgoings
- In close proximity to the CBD, all local attractions and public transport
- Fantastic freehold opportunity.

Contact us today for more information or to arrange a private inspection.

Property History for 154-156 Rathdowne St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$1,034,000
13 May 2025
Listed for Rent
03 May 2019
  • 13 May 2025
    Sold for $1,034,000
  • 19 Jun 2024
    Listed for Sale $1,200,000 + GST
  • 26 Oct 2023
    Listed for Sale Contact Agent
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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 16,028 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 57 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 646 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.