1-13 Elgin Street,
Carlton, VIC 3053
Warehouse, Factory & Industrial • Development Sites & Land
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 1-13 Elgin Street
Investment opportunity in the heart of Carlton with 6% return
JRW Property International is proud to present 1-13 Elgin Street, Carlton VIC 3053, for sale for the first time since 1940.
This prime investment boasts a double street frontage and is currently leased to a long-term tenant, Beaurepaires, a reputable business with over 110 Google reviews averaging 4.6 stars. Currently returning $160,000 per annum plus GST and outgoings and land tax. The property selling with lease.
Positioned in the heart of Carlton, within walking distance to University of Melbourne and local amenities, the property sits in a General Residential Zone, offering significant redevelopment potential for student accommodation or Build-to-Rent (BTR) projects, catering to the competitive rental market.
For more information or to further discuss this unique investment opportunity, please contact the team at JRW Property International.
This prime investment boasts a double street frontage and is currently leased to a long-term tenant, Beaurepaires, a reputable business with over 110 Google reviews averaging 4.6 stars. Currently returning $160,000 per annum plus GST and outgoings and land tax. The property selling with lease.
Positioned in the heart of Carlton, within walking distance to University of Melbourne and local amenities, the property sits in a General Residential Zone, offering significant redevelopment potential for student accommodation or Build-to-Rent (BTR) projects, catering to the competitive rental market.
For more information or to further discuss this unique investment opportunity, please contact the team at JRW Property International.
Carlton, 3053 demographic data
The median household income for Carlton is $1,292, 32% lower than Greater Melbourne's household income of $1,901. Carlton has a younger age profile compared to the rest of Greater Melbourne (median age 27 vs 37). Property ownership data shows 38% of property owners in Carlton have a mortgage.
16,055
Population
$1,292 per week
Median household income
27 years
Median age
Renters
Most residents
Singles
Most households
1-13 Elgin Street
Carlton, VIC 3053
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