711 Nicholson StreetCarlton North VIC 3054
Property Details for 711 Nicholson St, Carlton North
Last Listing description (May 2026)
Positioned on tightly held Nicholson Street, this versatile commercial premises offers a rare mixed-use opportunity in one of Melbournes most dynamic inner-north pockets. With a brand new kitchen to the commercial space and a refreshed presentation throughout, the property is perfectly suited to hospitality operators, retailers, or service-based businesses seeking strong exposure and functionality.
Upstairs, a well-appointed two-bedroom residence provides additional flexibility, ideal for live-in operators, staff accommodation, or supplementary income.
Key Features:
Newly installed commercial kitchen, ready for immediate use
Refreshed interiors throughout, offering a clean and modern presentation
Flexible open-plan layout suitable for a range of business uses
Rear access for deliveries and operational convenience
Upstairs two-bedroom, one-bathroom residence with separate access
Mixed-use potential combining business and residential functionality
Location Highlights:
Positioned in the heart of Carlton Norths vibrant retail and dining strip
Surrounded by established cafs, restaurants, and boutique operators
Excellent connectivity to CBD via Nicholson Street tram line
Close proximity to Rathdowne Village, Princes Park, and surrounding lifestyle amenity
Strong local catchment with consistent daily foot traffic
A rare opportunity to secure a high-exposure commercial premises with the added benefit of a residential component, offering flexibility, convenience, and long-term upside in a blue-chip inner-north location.
Property History for 711 Nicholson St, Carlton North, VIC 3054
- 27 Mar 2026Listed for Rent - Price not available
- 01 Jul 1986Sold for $132,000
- 06 Jun 1983Sold for $110,000
Recent sales nearby
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0About Carlton North 3054
The size of Carlton North is approximately 1.9 square kilometres. There are 9 parks, covering nearly 26.0% of the 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 3,635 properties. Over the last 5 years, Houses in Carlton North have seen a -6.68% decrease in median value, while Units have seen a 2.92% increase. As at 31 July 2026:
- The median value for Houses in Carlton North is $1,660,187 while the median value for Units is $753,615.
- Houses have a median rent of $850 while Units have a median rent of $600.
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