208 Elgin Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

208 Elgin Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 299m2
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Property Details for 208 Elgin St, Carlton

Building Type
Commercial
Land Size
299m2
Local Government
Melbourne
Lot/Plan
1/TP821036

Last Listing description (May 2023)

Colliers International is pleased to present the opportunity to purchase the prime corner landholding at 208 Elgin Street, Carlton with the following key attributes:

Comprising 9 expansive offices, powerhouse hospitality, medical or luxurious residential spaces (STCA).
A premier opportunity to secure a dominant, two-storey building perched on Carlton's most prominent corner with imposing frontages to Elgin, Keppel and Lygon Street in excess of 57 metres*.

The substantial offering spans a net lettable area of 395 square metres*, plus large balcony and secure on-site parking over a total corner land parcel of 298 square metres*.
Metres from Melbourne University
Secure off-street car space
Surrounded by the world-class Lygon Street lifestyle precinct with Melbourne University, Princes Park, Carlton Gardens along with Carlton's finest restaurants, cafs and luxury retail all within walking distance
Flexible zoning and short-term holding income providing ultimate versatility for investors, owner occupiers and value-add players
Unrivalled location, lifestyle and prominence, the ultimate corner freehold you've been waiting for

*Approx

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents.

Matt Stagg +61 409 411 300
David Sia +61 430 111 223

Property History for 208 Elgin St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$3,600,000
20 Sep 2017
  • 01 Feb 2023
    Listed for Sale Please contact agent
  • 20 Sep 2017
    Sold for $3,600,000
  • 08 May 2015
    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 16,053 properties. Over the last 5 years, Houses in Carlton have seen a -2.64% decrease in median value, while Units have seen a -10.58% decrease. As at 31 December 2025:

  • The median value for Houses in Carlton is $1,509,181 while the median value for Units is $328,866.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 100 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 651 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.