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1 Drummond Street, Carlton VIC 3053

  • 210 sqm / approx

'Melbournia Terrace' - Outstanding future opportunity on the cusp of the CBD

Melbourne Terrace was erected in 1876-77 as a speculative venture by Woolf Davis alongside well known architect Norman Hitchcock. Davis occupied No. 1 and owned the whole terrace until the late 1890's and some 100+ years later still commands a high profile city-fringe position on the corner of Victoria Street. A striking Victorian terrace and flexible Mixed Use zoning, the premises offer vast future usage options that cross the spectrum of lifestyle and investment appeal including accommodation, offices, medical rooms, a landmark home or business (STCA).

Key Features:

> Net Rental (excl land tax) $63,584.4 and lease expiry July 2022
> Tenant: FlexiStayz, sort stay accommodation services
> This unique property enjoys marvelous exposure in a coveted location close to vibrant Lygon Street, Carlton Gardens, Melbourne University and RMIT
> Easy access to hospitals, a selection of public transport and the future Melbourne Metro Tunnel
> Flexible Mixed Use Zoning in a suburb with a median house price $1,521,000*

For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

*approx.
*source: realestate.com.au

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    Floor Area

  • 210 sqm / approx