314-318 Drummond StreetCarlton VIC 3053
Property Details for 314-318 Drummond St, Carlton
Last Listing description (August 2023)
****LEASED****
Gross Waddell ICR is pleased to offer 314-318 Drummond Street, Carlton For Lease. Ideally located on the eastern side of Drummond Street near the corner of Faraday Street with a short walk to Lygon Streets popular retail strip or to Melbourne's CBD. The property comprises a two-level office building of 514 sqm* with ground floor storage and 1st floor partitioned office.
Key Property Highlights:
Building area: 514 sqm*
Loading bay access from Drummond St
Partitioned offices
Air conditioning
Well-presented office building
The potential to retail or reconfigure the current building layout (STCA)
14m* Street Frontage
Surrounded by many great retailers, restaurants, and bars.
Close to public transport
Close to Universities
Close to Melbourne CBD
*approx
To book a private inspection please contact the exclusive agent at Gross Waddell ICR.
Property History for 314-318 Drummond St, Carlton, VIC 3053
- 27 Mar 2023Listed for Rent $70,000 / year
- 10 Jun 2021Sold for $3,275,000
- 29 Apr 2021Listed for Sale Contact Agent
Recent sales nearby
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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 16,049 properties. Over the last 5 years, Houses in Carlton have seen a 2.56% increase in median value, while Units have seen a -14.08% decrease. As at 30 June 2026:
- The median value for Houses in Carlton is $1,429,732 while the median value for Units is $346,504.
- Houses have a median rent of $895 while Units have a median rent of $570.
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