Share this property

realcommercial.com.au

1 Drummond Street Carlton, VIC 3053

Directions

1 Drummond Street,
Carlton, VIC 3053

Medical & Consulting • Offices • Shops & Retail

Key property information

Land area

Floor area

Zoning

Sold on

Map of 1 Drummond Street

Directions

A boom style terrace on the edge of the CBD with a bluestone basement

  • Invest now, occupy later
  • Rental return of approx. $64k
  • Outstanding city-fringe opportunity
1 Drummond St is part of Melbournia Terrace which was erected in 1876 by Woolf Davis and designed by well known architect Norman Hitchcock. Davis occupied the largest of the terraces at No. 1 Drummond St. which still commands a high profile city-fringe position on the corner of Victoria Street. This spacious residence is a fascinating piece of Melbourne’s early history it was used for a time as a synagogue and a sucooh booth.

A striking Victorian terrace with flexible Mixed Use zoning, it is immaculately kept throughout. The multi-level layout is currently configured with nine principle rooms, but could be easily returned to its original floorplan as a residence (STCA). These include a spacious living/dining area with an integrated modern kitchen, offering SMEG gas appliances, eight large bedrooms, plus three bathrooms, a powder room, two laundries and a private courtyard. Key features include a wide arched entrance, soaring ceilings, ornate marble fireplaces and a lattice balcony overlooking the city. Add to this a well ventilated blue stone basement, with its own entrance (currently used as a bedroom). Renovation to a grand family home is limited only by ones imagination.

This unique property enjoys marvellous exposure in a coveted location close to vibrant Lygon Street, Carlton Gardens, Melbourne University and RMIT. It also provides easy access to Theatres, Galleries, Victoria market, hospitals, public transport including the future Melbourne Metro Tunnel. Discerning buyers should be quick to take advantage of this exceptional opportunity with exciting scope for a landmark inner city lifestyle, grand residence, home based business, robust investment or business venture.

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
realcommercial.com.au logo
1 Drummond Street
Carlton, VIC 3053

More properties from Nelson Alexander Commercial - FITZROY

Other properties you might be interested in based on the location and property type you are looking at.