531 Nicholson Street, Carlton North VIC 3054
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100 sqm / approx
City-Fringe Freehold with Upside
Nelson Alexander Commercial is pleased to present 531 Nicholson Street, Carlton North, a tightly held freehold positioned along one of Melbourne’s most iconic inner-north boulevards.
Occupying a prominent Nicholson Street address, this versatile property offers immediate functionality with long-term upside, underpinned by flexible zoning in a supply-constrained location.
Property Highlights:
> Land area: 159sqm*
> Building area: 100sqm*
> Zoning: Neighbourhood Residential Zone – Schedule 1 (NRZ1)
> Highly sought-after inner-north location
> Flexible monthly lease and existing hospitality fitout
> Flexible building suitable for a range of uses (STCA)
> Strong surrounding residential density and lifestyle amenity
The existing improvements provide an efficient and functional floorplate, ideal for owner-occupiers, investors or value-add buyers seeking to capitalise on Carlton North’s enduring demand fundamentals.
Positioned moments from Rathdowne Village, Princes Park and only minutes to the Melbourne CBD, Nicholson Street continues to benefit from surrounding residential development and excellent public transport connectivity.
For further information or to arrange a private inspection, please contact the exclusive selling agents.
*Approx.
Occupying a prominent Nicholson Street address, this versatile property offers immediate functionality with long-term upside, underpinned by flexible zoning in a supply-constrained location.
Property Highlights:
> Land area: 159sqm*
> Building area: 100sqm*
> Zoning: Neighbourhood Residential Zone – Schedule 1 (NRZ1)
> Highly sought-after inner-north location
> Flexible monthly lease and existing hospitality fitout
> Flexible building suitable for a range of uses (STCA)
> Strong surrounding residential density and lifestyle amenity
The existing improvements provide an efficient and functional floorplate, ideal for owner-occupiers, investors or value-add buyers seeking to capitalise on Carlton North’s enduring demand fundamentals.
Positioned moments from Rathdowne Village, Princes Park and only minutes to the Melbourne CBD, Nicholson Street continues to benefit from surrounding residential development and excellent public transport connectivity.
For further information or to arrange a private inspection, please contact the exclusive selling agents.
*Approx.
