Rosin Smyth & Partners is pleased to offer this prominent corner commercial property located at 162 Elgin Street, Carlton. This two-level building boasts an area of 230 m²* and sits on a prime 125 m²* land parcel with rear lane access. Offering exceptional exposure to both Elgin and Drummond Streets and benefiting from Commercial 1 Zoning, this property represents a significant investment opportunity.
Key Property Features:
- Building Area: Approximately 230 m² across two levels
- Land Area: Approximately 125 m² on a prime corner lot
- Location: High-profile corner with exceptional street exposure
- Zoning: Commercial 1, allowing for versatile business opportunities
- Current Lease: RPM Melbourne
- Vacant Possession: Can be negotiated if required
- Access: Beneficial rear lane access
- Proximity: Minutes from Lygon Street's dining and lifestyle precinct, close to Carlton Gardens, and accessible by multiple tram lines
- Restaurant Potential: Formerly 'Toofey's Restaurant', this property has the potential to be reinstated
Situated in a vibrant area known for its lifestyle and entertainment options, 162 Elgin Street offers both immediate rental returns and potential for future repositioning. This property is an attractive option for investors seeking to capitalise on Carlton's dynamic market.
* approx
