265 Drummond Street, Carlton, VIC 3053

Offices | Retail | Other

For Sale EOI: Fri 13 Dec 4pm | $1,650,000 - $1,750,000

  • Property ID: 450416
  • Floor Area: 210m²
  • Land Area: 152m²
  • Occupancy: Vacant
Prime Mixed-Use Opportunity in the Heart of Carlton

Discover this rare opportunity at 265 Drummond Street, Carlton, perfectly positioned in one of Melbourne's most vibrant neighbourhoods. This dual-purpose property combines a ground-floor commercial shopfront with an inviting apartment above, offering unparalleled versatility for investors, owner-occupiers, or entrepreneurs.

Ground Floor - Retail Space

Set on a bustling street, the shopfront provides excellent visibility and foot traffic, ideal for a café, boutique, or office. With large windows, high ceilings, and ample interior space, it's ready for a variety of uses or customised to meet your business needs.

First Floor - Residential Apartment

The upstairs apartment is a serene retreat featuring well-sized rooms, high ceilings, and abundant natural light. Complete with a cozy living area, renovated kitchen, bathroom, and 2 bedrooms, it offers comfort and convenience for city living. This versatile space could serve as a private residence or rental accommodation.

Location Highlights

Nestled in the heart of Carlton, 265 Drummond Street places you within easy reach of Melbourne's renowned Lygon Street dining precinct, parks, and public transport options. Both tenants and business patrons will appreciate the convenience and character of this inner-city locale.

Key Features:

- Mixed-use layout with shop and apartment
- High-exposure retail frontage
- Light-filled apartment above
- Close to iconic Carlton amenities and Melbourne CBD

This property at 265 Drummond Street is a rare find, presenting an opportunity to blend business with lifestyle or invest in Carlton's thriving market.

External Features:

Currently occupying the rear of the title, the potential to develop (STCA) awaits. With the possibility of developing a modern extension at the rear, the potential for growth in this property is impeccable.

Carlton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $231 ---
Retail --- $366 ---
Offices $4352 $391 8.99%
This is the average advertised price, rent and yield for Carlton, VIC 3053*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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