346 Drummond StreetCarlton VIC 3053
Property Details for 346 Drummond St, Carlton
Last Listing description (October 2023)
Nelson Alexander Commercial are delighted to offer For Private Sale this blue-chip Carlton development opportunity. Located on beautiful Drummond Street not far from Lygon Street and Faraday Street the location is first class. The property is a blank canvas which is Zoned Commercial 1 (C1) so will be suitable for commercial, residential or a mixed-use development (STCA). Significant works have already been completed including ground works, underground plumbing, underground power and ground floor slab so there are considerable savings to be realised. This is an outstanding development opportunity in a blue-chip location that we highly recommend.
Property Features:
Zoned Commercial 1 (C1)
Blue-Chip Carlton Development Opportunity
Exclusive Drummond Street Precinct
Significant Ground Works Already Completed
Current permit for stunning "Garden Office"
Previous permit for retail plus 4 apartments
Superbly positioned with close proximity to the CBD, Melbourne University & Carlton Gardens
Flexible C1 zoning allowing commercial, residential or mixed-use development (STCA)
Close to the very best of local amenity that Carlton has to offer
Some of the Carlton staples close by are King & Godfree, DOC Pizza, Tiamo, Agostino, Heart Attack & Vine and more!
This is a fantastic development opportunity that we highly recommend!
For all property enquiries or to arrange an inspection of the site please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
Property History for 346 Drummond St, Carlton, VIC 3053
- 02 Jun 2023Listed for Sale Contact Agent
- 26 Jul 2013Sold for $1,375,000
- 03 Jul 2013Listed for Sale Not Disclosed
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 16,053 properties. Over the last 5 years, Houses in Carlton have seen a -2.64% decrease in median value, while Units have seen a -10.58% decrease. As at 31 December 2025:
- The median value for Houses in Carlton is $1,509,181 while the median value for Units is $328,866.
- Houses have a median rent of $675 while Units have a median rent of $550.
Suburb Insights for Carlton 3053
Market Insights
Carlton Trends for Houses
N/A
N/A
View TrendN/A
N/A
Carlton Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
