Colliers is pleased to present 'Leicester Place' located at 4-12 Leicester Place, Carlton, for private sale.
One of the last remaining opportunities to secure an unrepeatable permit approved development site in Carlton, known as Melbourne's most exciting city-fringe location and one of the world's most renowned university precinct.
Key highlights of the property are as follows:
Permit approval for a 13 level, DKO design project with a total GFA of 6,236m2
Prime landholding of 704sqm* with exposure to 3 street frontages
Capital City Zone 5
The site's flexible zoning lends itself to a range of alternate development outcomes, lead by PBSA, office amongst other uses.
Existing permit for a hotel development that includes 175 rooms
HMA in place with global hotel operator.
The completion of the Metro Tunnel project will directly link the property into the rail network, provided greater accessibility and linkage across the city
Immediate access to a diverse range of retail and culinary options lead by Melbourne Central shopping precinct, Queen Victoria Market and Lygon Street.
* Denotes approx
For more information please contact the Colliers team below.
Jozef Dickinson
0402 678 888
Yvonne Zhou
0415 100 831
Trent Hobart
0433 196 452
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 15,935 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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