229 Queensberry Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

229 Queensberry Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 249m2
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Property Details for 229 Queensberry St, Carlton

Building Type
Commercial
Land Size
249m2
Local Government
Melbourne
Lot/Plan
1/TP608892

Last Listing description (July 2016)

NELSON ALEXANDER SMYTH ARE DELIGHTED TO OFFER FOR PRIVATE SALE, THIS FANTASTIC CITY FRINGE RETAIL INVESTMENT PROPERTY, SITUATED IN THIS PREMIER CARLTON LOCATION AND FEATURING SUBSTANTIAL RENTAL INCOME FROM CURRENT TENANCY.THIS TRULY RARE OPPORTUNITY TO ACQUIRE A SECURELY LEASED COMMERCIAL FREEHOLD WITH EXISTING LATE NIGHT (ON PREMISES) LIQUOR LICENCE IN SUCH A PRIME LOCATION IS UNLIKELY TO BE REPEATED.KEY FEATURES:-> CAPITAL CITY ZONING> ESTABLISHED LONG TERM TENANT WITH SECURE LEASE UNTIL 31 JULY 2018> CURRENT RENTAL $140,899.50 PLUS OUTGOINGS + GST (APPROX)> LAND SIZE: 250SQM (APPROX)> 3 STREET FRONTAGES> AN OUTSTANDING OPPORTUNITY FOR FUTURE HIGH RISE RESIDENTIAL RE-DEVELOPMENT (STPA)> SUPERB CITY FRINGE LOCATION ONLY MOMENTS FROM CBD AND THE HEART OF CARLTON> A TRULY RARE OPPORTUNITY TO SECURE A SUBSTANTIAL COMMERCIAL FREEHOLD, SECURELY LEASED TO AN ESTABLISHED LONG TERM BUSINESS AND WITH LATE NIGHT ON PREMISES (7AM) LIQUOR LICENCE> ANNUAL 5% PA RENTAL INCREASESFOR ALL ENQUIRIES REGARDING THIS PRIME CITY FRINGE COMMERCIAL FREEHOLD, PLEASE CONTACT EXCLUSIVE SELLING AGENTS, NELSON ALEXANDER SMYTH ON 9419 5511.

Property History for 229 Queensberry St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$6,175,000
18 Oct 2018
  • 18 Oct 2018
    Sold for $6,175,000
  • 26 Jul 2016
    Sold for $3,075,000
  • 11 Jul 2016
    Listed for Sale Not Disclosed
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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 15,937 properties. Over the last 5 years, Houses in Carlton have seen a -7.45% decrease in median value, while Units have seen a -11.50% decrease. As at 30 April 2026:

  • The median value for Houses in Carlton is $1,525,671 while the median value for Units is $348,541.
  • Houses have a median rent of $864 while Units have a median rent of $560.
There are currently 64 properties listed for sale, and 51 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 649 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.