196 Pelham Street, Carlton, VIC 3053

Hotel/Leisure | Retail | Offices


  • Property ID: 442538
  • Floor Area: 183m²
  • Land Area: 143m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 08/05/2024 183m2 143m2 Contact Agent
Carlton Freehold Corner Building with Short Term Lease to Convenience Store + Residential Accommodation

Stonebridge Property Group is pleased to present for sale 196 Pelham Street, Carlton.

The key highlights of the opportunity include:

- An ultra-high quality and flexible mixed-use freehold corner located on the doorstep of the Melbourne CBD

- The ground floor component comprises a fully fitted convenience retailer servicing the students at Melbourne University

- Level 1 consists of 2 immaculately presented and separately accessed 1-bedroom apartment, ideal for traditional residential or student accommodation

- Within the prestigious Melbourne University precinct, opposite Melbourne Uni Law School and the Faculty of Business & Economics Buildings

- Corner frontage provides valuable outdoor seating possibilities with 28 m* of exposure to Pelham Street, and 5 m* to Barry Street which fronts the renowned University Square Park

- Offered with a short-term lease of the ground floor (expiry Nov 2024), the property provides the immediate scope to occupy, invest or a mix of both

- Strategically located 210 m* from Melbourne University’s New Metro Tunnel Station

- In close proximity to major hospitals including the world-renowned Peter Mac Hospital (280 m*) and The Royal Melbourne Hospital (300 m*)

- Flexible Capital City Zone allowing for retail, residential, accommodation, education, nightclub, tavern, function centre, and more (STCA)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Nic Hage
0448 782 594

Sarah Xi ???
0468 320 297

* Approximately

Property Code: 919

Carlton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $231 ---
Retail $4758 $351 7.37%
Offices $6005 $383 6.38%
This is the average advertised price, rent and yield for Carlton, VIC 3053*
* 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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