501/127-133 Leicester St, Carlton is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Apartment sold in Carlton in the last 12 months.
Amazing opportunity to get a slice of Carlton Real Estate with this residential apartment (not student accommodation).
Perfectly positioned in the heart of the Melbourne's cafe and University precinct is this modern studio apartment. This sleek building offers an exciting opportunity for any investor wanting to secure an easy-care investment property or a home buyer wanting a small inner-city base, just moments from everything this wonderful region has to offer.
The property:
You can walk to the local shops, cafes and eateries, while the University of Melbourne campus is only 100m away. Inside, the layout is light-filled and contemporary with an open-plan living space and bedroom, plus a kitchenette, a built-in robe and a bathroom with a toilet, vanity and shower.
Furnished with a fridge, microwave and TV, this is an exciting opportunity for an investor wanting an easy-care addition to their portfolio.
The building has video security, lift access to all floors, two common rooms, an outdoor terrace, communal laundry and bicycle storage, plus an amazing location within walking distance of the university campus.
RMIT, the city centre, Queen Victoria Market and public transport are all only steps from your front door. The Melbourne Museum, the picturesque Carlton Gardens and local shops, cafes and eateries are all just minutes from this low-maintenance studio apartment.
Leased until January 2026 at approx $330/week.
Outgoings of:
General Council Rates approx: $134/quarter*
Water Services approx: $716/annum*
Owners Corp Fee approx: $2236/annum*
*Please confirm these figures with the Section 32. This is a guide only
Note this is NOT limited to student accommodation.
Inner-city living doesn’t get much better than this, call now to secure this opportunity!
Whether you’re expanding your portfolio or entering the market for the first time, this Carlton unit is a secure, hassle-free income earner in a blue-chip location.
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Disclaimer: Images are digitally edited and contain styled furniture for display purposes only.
We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
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 16,031 properties. Over the last 5 years, Houses in Carlton have seen a 11.55% increase in median value, while Units have seen a -2.13% decrease. As at 30 November 2025:
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