779 Nicholson Street,
Carlton North, VIC 3054

Shops & Retail • Development Sites & Land • Other

Key property information

Land area

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy

Fully Leased

Est. Incomep.a.

$32,711

Number of Tenants

1 Tenant

Tenants / Type

Take Away Food Retail

Private inspections

to arrange a private inspection.

Map of 779 Nicholson Street

Directions

Train stations within 5 km of 779 Nicholson Street, Carlton North, VIC 3054 Distance
Rushall Station 1.3 km
Merri Station 1.4 km
Clifton Hill Station 1.8 km
Jewell Station 1.8 km
Westgarth Station 1.9 km
POWERED BY HERE ©

Tram stops within 5 km of 779 Nicholson Street, Carlton North, VIC 3054	Distance
21-Scotchmer St/Nicholson St (Fitzroy North)	198 m
18Scotchmer StNicholson St	198 m
19-Brunswick Rd/Nicholson St	200 m
17-Reid St / Nicholson St	469 m
17-Reid St/Nicholson St	480 m

Bus stops within 5 km of 779 Nicholson Street, Carlton North, VIC 3054	Distance
Nicholson StHolden St	216 m
Park St/Amess St (Carlton North)	314 m
Amess StBrunswick Rd Brunswick East	325 m
Park St/Rathdowne St (Carlton North)	356 m
Truscott St/Brunswick Rd (Brunswick East)	359 m

A Tasty Commercial Investment Opportunity with Fantastic Exposure

Verduci Commercial in conjunction with Untitled Property, are delighted to offer for immediate Private Sale, this Prime Commercial Freehold, situated in the heart of the Nicholson Street retail and shopping precinct in North Carlton.

Comprising a single level retail shop together with vacant rear yard, and situated on 219 sq (approx) of land, this fantastic commercial freehold will suit investors, developers or owner occupiers.

The property benefits from a secure 5 year lease to an established tenant, and offers the perfect opportunity to invest now and take advantage of the vacant rear land to redevlop in the future.

Key Property Features

* Commercial 1 Zoning

* 219 Sqm Land (Approx)

* Building area 85 sqm (Approx)

* Rear access via ROW

* Prominent High Exposure Position in Popular North Carlton Location

* Existing 5 Year Lease commenced 1 August 2024.

* 2 Further 5 year lease options

* Current Annual Rental of $33398 pa plus GST and outgoings

* Annual CPI rent reviews

* Excellent Scope For Further Improvement and Redevelopment (STPA)

This is a fantastic opportunity to secure a prime commercial freehold in this premier North Carlton location, only 4.8km from the heart of Melbourne CBD.

For all property enquiries, to request copies of sale documents, or to arrange your private inspection, please contact exclusive selling agents on 0419 993 3... or 0418 337 9...

Contact
Simon Verduci
0419 993 3...

Peter Smyth
0418 337 9...

Carlton North, 3054 demographic data

The median household income for Carlton North is $2,400, 26% higher than Greater Melbourne's household income of $1,901. Carlton North has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 39% of property owners in Carlton North have a mortgage.

6,177

Population

$2,400 per week

Median household income

33 years

Median age

Renters

Most residents

Families

Most households