231 Queensberry StreetCarlton VIC 3053
Property Details for 231 Queensberry St, Carlton
231 Queensberry St, Carlton is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 178m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (May 2025)
Originally a two storey Victorian cottage, the building was converted to a factory in the mid 1930s. The current faade is from the 1935 conversion. It was used to manufacture car electrical fuses up until the 1990s. After that there was a varied history including a motorcycle chopper shop and an archery shop.
The current owner has removed most of the factory additions and replaced the interior with a modern concrete walled five storey mixed use development. One of the original side walls was retained on the ground floor which incorporated original hand made bricks. This is now an attractive feature wall.
The building was designed for maximum flexibility of usage as it was intended as a long term hold. In particular, the upper two floors are largely open plan to allow reconfiguration as long term rental let, student accommodation or Airbnb apartment. Facilitating this is the large apartment area 400 sqm over 3 floors.
180 sqm per floor lower 4 floors
90 sqm fifth floor plus potential roof deck
Fully sprinkler protected
7 Star energy rating
Heat pump HWS and HVAC units
All windows double glazed on commercial grade window sections
Modern hydraulic lift servicing apartment levels
Large garage and store room incorporating 2 car stacker with access from dedicated rear laneway
Two existing tenancies on lower levels due rental review September 2018
Located within Melbournes educational and medical precincts.
Soon to benefit from two new railway stations. Queensberry Street will be largely unaffected with the construction the Melbourne Metro Rail Project.
Occupancy permit can be issued AFTER sale contract signed to preserve depreciation benefits under the old schedule.
Occupancy permit can be issued after sale so it qualifies as a NEW residential building for overseas purchasers
Approximately $900k depreciation benefits available
Two beautiful garden terraces complimented by a large street tree directly in front of building
Price subject to negotiation, Vendor finance available
Current Capital City zoning allows for 13 storey redevelopment
This site controls the rear laneway preventing it being sold by the council to adjacent land holders and affecting their ability to redevelop
Property History for 231 Queensberry St, Carlton, VIC 3053
- 06 Dec 2024Listed for Rent - Price not available
- 09 Oct 2020Listed for Rent $950 / week
- 18 Dec 2019Listed for Sale Private Sale
Recent sales nearby
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0About 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 15,912 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.
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