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Blue-Chip Carlton Development Opportunity!
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346 Drummond Street, Carlton VIC 3053

Last Asking Price - $1,300,000

Commercial LandSize: n/a
Block size: 157 m² approx.
Nelson Alexander Commercial are delighted to offer For Private Sale this blue-chip Carlton development opportunity. Located on beautiful Drummond Street not far from Lygon Street and Faraday Street the location is first class. The property is a blank canvas which is Zoned Commercial 1 (C1) so will be suitable for commercial, residential or a mixed-use development (STCA). Significant works have already been completed including ground works, underground plumbing, underground power and ground floor slab so there are considerable savings to be realised. This is an outstanding development opportunity in a blue-chip location that we highly recommend.

Property Features:

Zoned Commercial 1 (C1)
Land Area 157sqm (approx.)
Blue-Chip Carlton Development Opportunity
Exclusive Drummond Street Precinct
Significant Ground Works Already Completed
Current permit for stunning "Garden Office"
Previous permit for retail plus 4 apartments
Superbly positioned with close proximity to the CBD, Melbourne University & Carlton Gardens
Flexible C1 zoning allowing commercial, residential or mixed-use development (STCA)
Close to the very best of local amenity that Carlton has to offer
Some of the Carlton staples close by are King & Godfree, DOC Pizza, Tiamo, Agostino, Heart Attack & Vine and more!
This is a fantastic development opportunity that we highly recommend!

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

Inspections

No open inspections scheduled.

Send an enquiry

Contact Damien Theisz to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Commercial Land
Block Size:
157 *

Other Details

Lot:
2
Plan:
LP29715
Legal description:
2\LP29715
Nelson Alexander Commercial

Maps and area information

Block information
Block size: 157 (approx)
Legal description: 2\LP29715
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
08 Mar 2024
Sold
Nelson Alexander Commercial
Listed: 15/01/2024
Block size: 157m²
Transfer type: Full transfer

Carlton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
28 years
Population
16,055
Listing ID: 182216714. This listing has been viewed 4 times. It was first displayed on 15/01/2024 and last updated on 08/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.