23-31 Lincoln Square S, Carlton, VIC 3053 sold on 19 December 2025 | OnTheHouse
SOLD
Sold on 19 Dec 2025 for $21,670,000

23-31 Lincoln Square S
Carlton VIC 3053

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 3700m2
Land area: 906m2
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Property Details for 23-31 Lincoln Sq S, Carlton

Building Type
Commercial
Floor Size
3700m2
Land Size
906m2
Local Government
Melbourne
Lot/Plan
1/TP619539

Last Listing description (November 2023)

Whole Building
Fully Refurbished
Three Street Frontages

North Facing / Park Frontage

Castran is privileged to present for sale one of the most significant freeholds in the inner Melbourne market for 2023.

23-31 Lincoln Square South presents an unrivalled opportunity to occupy, invest in a recently fully refurbished standalone headquarters or unlock the substantial development upside (STCA) within one of Melbourne's most active precincts. Commanding an unobstructed northerly aspect over the established gardens of Lincoln Square and benefiting from three street frontages puts this property in a class of its own.

Key opportunity highlights include:
Benefitting from three street frontages to Cumberland Place and Lincoln Square South with a total land area of 904 sqm approx.
Surrounded by significant new developments benefiting from favourable zoning and height limits.
DDA-compliant refurbishment of the entire building and has not been occupied since being refurbished.
Dynamic multi-faceted urban precinct surrounded by world-renowned universities and hospitals.
Commanding northerly aspect over Lincoln Square Park.
Located moments from the heart of the CBD, with a strong connection to transport hubs.

2331 Lincoln Square South, Carlton is For Sale with vacant possession by way of Expressions of Interest closing Wednesday 6th December, 3 pm (AEDT).

Please contact exclusive selling agents Castran to arrange an inspection or to request further details.

*STCA

Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 23-31 Lincoln Sq S, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$21,670,000
19 Dec 2025
Listed for Rent
24 Jul 2023
  • 19 Dec 2025
    Sold for $21,670,000
  • 30 Oct 2023
    Listed for Sale Contact Agent
  • 22 May 2023
    Listed for Rent - Price not available
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. There are 9 parks, covering nearly 20.9% of the 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 16,056 properties. Over the last 5 years, Houses in Carlton have seen a -12.29% decrease in median value, while Units have seen a -13.64% decrease. As at 31 July 2026:

  • The median value for Houses in Carlton is $1,453,978 while the median value for Units is $341,114.
  • Houses have a median rent of $883 while Units have a median rent of $570.
There are currently 69 properties listed for sale, and 61 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 648 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.