357 Nicholson Street, Carlton North, VIC 3054 | Property Value & History | OnTheHouse
 
OFF MARKET

357 Nicholson Street
Carlton North VIC 3054

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 50m2
Land area: 142m2
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Property Details for 357 Nicholson St, Carlton North

Building Type
Commercial
Floor Size
50m2
Land Size
142m2
Local Government
Yarra
Lot/Plan
1/TP199930

Last Listing description (July 2022)

For Sale via Private Sale.

This classic, elegant, historic building that words cannot describe is now offered for the first time since 1987.


Prominent grand building situated on the corner of Nicholson and Lee Streets.

Key attributes include:
Land Area: 1,840sqm*
Dual street frontages of 40m* to Nicholson and 43m* to Lee Street
Anchor tenant Sanremo ballroom
Plus 4 retail shops fronting Nicholson Street
Office/Studio area on Lee Street
Commercial 1 zone
Located within Carlton's acclaimed retail, hospitality and lifestyle precinct with Lygon Street, Rathdowne Village, Carlton Gardens and Melbourne Museum all nearby
Tram and bus service directly to the CBD and northern suburbs
Proximity to Melbourne University, RMIT, Royal Melbourne and St Vincent's hospital.
Potential for further development of the property given the rare landmass (STCA).
Currently returning $340,792.44 pa net

For further details and inspections please contact:
Ross Mercorillo on 0418 227 354
Lou Montalti on 0488 553 455

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Property History for 357 Nicholson St, Carlton North, VIC 3054

A timeline of how this property has performed in the market
Listed for Rent
$575/w
24 Sep 2013
  • 22 Apr 2022
    Listed for Sale POA Contact Agent
  • 19 Jul 2013
    Listed for Rent - Price not available
  • 09 Feb 2013
    Listed for Rent - Price not available
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About Carlton North 3054

The size of Carlton North is approximately 1.9 square kilometres. It has 9 parks covering nearly 26.0% of total area. The population of Carlton North in 2016 was 6300 people. By 2021 the population was 6177 showing a population decline of 2.0% in the area during that time. The predominant age group in Carlton North is 20-29 years. Households in Carlton North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Carlton North work in a professional occupation.In 2021, 47.40% of the homes in Carlton North were owner-occupied compared with 45.50% in 2016.

Carlton North has 3,630 properties. Over the last 5 years, Houses in Carlton North have seen a 2.36% increase in median value, while Units have seen a -4.77% decrease. As at 30 April 2026:

  • The median value for Houses in Carlton North is $1,697,702 while the median value for Units is $723,342.
  • Houses have a median rent of $850 while Units have a median rent of $600.
There are currently 11 properties listed for sale, and 8 properties listed for rent in Carlton north on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Carlton north.

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© 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.

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