77 Cardigan Street, Carlton, Vic 3053

$2,350,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Saturday, June 20, 2026 ( See property details for 77 Cardigan Street, Carlton, Vic 3053)

$2,350,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, fully leased apartment block in Melbourne’s highly sought-after Carlton precinct, offering immediate income and future growth potential.

🏡 Property Highlights

  • Fully leased block of seven quality apartments with immediate rental income
  • Prime location just minutes from Melbourne CBD and major transport links
  • Close proximity to The University of Melbourne, attracting student and academic tenants
  • Strong rental demand with historically low vacancy rates in the area
  • Diverse tenant demographic including students, young professionals, and city renters
  • Strategic landholding with potential for long-term capital growth

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Carlton is Melbourne’s vibrant inner-city suburb renowned for its rich cultural diversity, historic architecture, and lively dining scene. It offers excellent connectivity to the CBD and major transport routes, making it ideal for professionals and students alike. The area boasts a strong rental market driven by proximity to The University of Melbourne and numerous educational institutions. With abundant parklands and a cosmopolitan atmosphere, Carlton provides a highly desirable lifestyle. Its ongoing population growth and land scarcity underpin its reputation as a premier investment location.

What is the current rental income and yield of the property?
The entire block is fully leased, generating a combined rental income of approximately $184,683 per annum, offering a strong yield profile.
What are the future development or zoning restrictions in the area?
Potential buyers should consult local council planning regulations to understand any zoning restrictions or future development plans affecting the property.
Are there any ongoing maintenance or management costs?
Details regarding maintenance or management costs are not specified; prospective buyers should request this information from the current owner or managing agent.
Is the property compliant with all building and safety standards?
The property is described as well-maintained; however, buyers should conduct their own inspections and due diligence to confirm compliance.
What are the nearby amenities and transport options?
The property enjoys immediate access to major transport links, parklands, and lifestyle amenities including vibrant dining and café culture on Lygon Street.
Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been inspected for structural issues or defects? Are there any zoning restrictions or easements that could affect future development? Is the property located in a flood or bushfire-prone area? Are there any planned or ongoing construction projects nearby that could impact the property? What are the terms of the lease agreements, and are there any upcoming lease expirations? Is the property compliant with all local council regulations and building codes? Are there any strata or body corporate fees applicable to this property? What is the history of the property's occupancy and rental performance? Are there any restrictions on pet ownership or modifications within the apartments?

77 Cardigan Street, Carlton, Vic 3053 - More Details

$2,350,000

Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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