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.
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:
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