400 Lygon Street, Carlton, VIC 3053 sold on 18 March 2026 | OnTheHouse
SOLD
Sold on 18 Mar 2026 for $1,530,000

400 Lygon Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 90m2
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Property Details for 400 Lygon St, Carlton

Building Type
Commercial
Land Size
90m2
Local Government
Melbourne
Lot/Plan
1/RP18969

Last Listing description (July 2024)

Restaurant building with fitted kitchen canopy and cool room.
Large function/dining rooms to first floor.
Excellent Male & Female bathroom facilities and staff facilities, rear lane access.

Adjacent to Sportsgirl, Lygon Court Woolworths, Brunetti's and opposite Readings.
Building size 268m2
Liquor licence available (S/To Approval).
Rent and Lease terms Negotiable
Lease term: 5 years
Option term: 5 years
Rent review: 3/3.5% or CPI
Market Rent review at Option term
Bond equivalent to 6 months' rent + GST
Rent & lease terms negotiable.
Inspection and further details contact Damien Shiel 0419 394 999 or Andrea Sparks 0422 431 098

Property History for 400 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$1,530,000
18 Mar 2026
Listed for Rent
$2.88k/w
09 Jul 2024
  • 18 Mar 2026
    Sold for $1,530,000
  • 05 Jun 2023
    Listed for Rent - Price not available
  • 05 Mar 2021
    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 15,937 properties. Over the last 5 years, Houses in Carlton have seen a -12.67% decrease in median value, while Units have seen a -15.94% decrease. As at 31 May 2026:

  • The median value for Houses in Carlton is $1,468,327 while the median value for Units is $342,973.
  • Houses have a median rent of $895 while Units have a median rent of $560.
There are currently 63 properties listed for sale, and 60 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 635 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.