783 Nicholson Street
Carlton North, VIC 3054

This versatile two-level freehold property is located in a popular city fringe area, offering a unique opportunity for owner-occupiers, investors, and value-add buyers. The building comprises part single and two-level structures with a total building area of approximately 270 square meters, occupying the entire site.

The generous land area of 220 square meters provides ample space and flexibility for various commercial uses. Zoned under Commercial 1, the property benefits from flexible zoning regulations that support a wide range of retail and commercial activities.

Rear access is available via a right of way (ROW), enhancing the property's functionality and convenience for deliveries and service access. Situated only 3 kilometers from the Melbourne Central Business District, the location offers excellent connectivity, including access to the #96 tram along Nicholson Street.

The surrounding area is rich in popular amenities, including Park Street and the Capital City Trail, Princes Park, and Edinburgh Gardens, providing attractive recreational options nearby. The property is also positioned among well-regarded independent traders such as Fishmonger's Son, Good Gnocchi, Natural Tucker Bakery, District35, Foodworks, and several local pubs, contributing to a vibrant local community atmosphere.

Additionally, the property enjoys close proximity to key retail precincts including Barkly Square, Lygon Street, Brunswick, and Rathdowne Village, enhancing its appeal for commercial activities and customer access.

The median house price in Carlton North is approximately $1,600,000 as of May 2026, reflecting the area's strong property market and investment potential.

This property is offered for sale via public auction scheduled for Wednesday, 24th June 2026 at 12 noon on-site. It represents a rare opportunity to acquire a flexible commercial freehold asset in a sought-after location with excellent growth prospects.