5/1090 Lygon Street, Carlton North, Vic 3054

$980,000 to $1,040,000

Townhouse
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Friday, March 06, 2026 ( See property details for 5/1090 Lygon Street, Carlton North, Vic 3054)

$980,000 to $1,040,000

Leigh Pridham Director, Licensed Estate Agent, Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This architecturally designed two-bedroom townhouse offers a stylish, private lifestyle in the heart of Carlton North's vibrant cafe precinct with excellent investment potential.

🏡 Property Highlights

  • Prime location in Carlton North's vibrant cafe precinct
  • Architecturally designed across three levels for privacy and independence
  • Open-plan living and dining with seamless indoor-outdoor flow
  • Sleek stone kitchen with integrated European appliances
  • Two spacious bedrooms with contemporary bathroom
  • Secure remote garage and private entry for convenience

✨ Key Features

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

Carlton North is a highly sought-after inner Melbourne suburb renowned for its vibrant cafe culture, proximity to Princes Park, excellent schools, and easy CBD access. The area offers a blend of historic charm and modern living, making it ideal for both owner-occupiers and investors. Its walkable streets and community-focused atmosphere foster a lively yet relaxed lifestyle. With strong demand and limited supply, properties here tend to appreciate well over time.

What are the key lifestyle benefits of living in this townhouse?
This townhouse offers a vibrant inner-city lifestyle with easy access to cafes, parks, schools, universities, and direct tram routes to Melbourne CBD, providing convenience and a lively community atmosphere.
What is the layout and design of the property?
The property is thoughtfully designed across three levels, featuring open-plan living and dining on the first floor, two bedrooms upstairs, and a secure garage on the ground level, creating a private and functional living space.
Are there any notable features or upgrades?
The home boasts a sleek stone kitchen with integrated European appliances, engineered oak flooring, contemporary bathroom finishes, and modern security features, all contributing to its stylish appeal.
What is the condition of the property?
The property is in excellent condition, with modern finishes, high-quality fixtures, and a well-maintained architectural design that ensures long-term durability and style.
Is the property suitable for investment purposes?
Yes, an independent rental appraisal indicates a strong expected weekly return of $1,050 – $1,150, with a gross yield of approximately 5.5% – 6.0%, making it a compelling investment opportunity.
Are there any upcoming planning or development applications in the area that could affect the property’s value or enjoyment? What are the strata or body corporate fees and associated costs, if applicable? Are there any easements, zoning restrictions, or covenants that could impact future renovations or use? Has the property been inspected for structural issues, pests, or other defects? What are the local noise levels and neighbour relations like in this area? Are there any known flood or bushfire risks specific to this property or its location? Is there any ongoing or planned construction nearby that could affect living conditions or property value? What are the total ownership costs, including council rates, utilities, and maintenance? Are there any restrictions on short-term rentals or Airbnb usage in this property? Is the property compliant with all local building codes and regulations?

5/1090 Lygon Street, Carlton North, Vic 3054 - More Details

$980,000 to $1,040,000

PHOTO ID REQUIRED FOR INSPECTIONS

Positioned in the heart of Carlton North’s cafe precinct, this architecturally designed two-bedroom townhome offers a rare balance of lifestyle appeal for those looking to immerse themselves in the Rathdowne Village cafe culture. Or for those looking for a savvy investment opportunity within one of Melbourne’s most tightly held inner-north neighbourhoods.

Designed across three thoughtfully considered levels, the home delivers a sense of independence and privacy rarely found in apartment alternatives.

The first floor forms the social heart of the home, where open-plan living and dining extend seamlessly to a private terrace, creating a relaxed indoor–outdoor vibe ideal for entertaining or quiet evenings at home. The clean lines of a sleek stone kitchen with integrated European appliances ooze style and sophistication, complemented by warm engineered oak flooring and refined joinery.

Upstairs, two well-proportioned bedrooms provide calm and comfortable accommodation, serviced by a contemporary bathroom finished with striking oversized porcelain tiles and quality fittings.

The ground level offers your very own secure remote garage, private entry and a dedicated laundry, providing everyday practicality alongside exquisite architectural design.

For investors, an independent rental appraisal indicates an expected return of $1,050 – $1,150 per week, equating to approximately 5.5% – 6.0% gross yield at the advertised price.

For context, many houses within Carlton North typically deliver yields closer to 3% – 3.3%, positioning this as a comparatively strong-performing investment opportunity within a premium inner-north location.

For owner-occupiers, the lifestyle is equally compelling — with Rathdowne Village cafés, Princes Park, leading schools, universities and direct CBD tram access all within easy reach.

Architectural design, flexible living and a Carlton North address that continues to stand the test of time.

Rental Return Disclaimer
Rental figures are based on an independent rental appraisal and are provided as an estimate only. Actual rental outcomes may vary depending on market conditions, tenant demand and property management. Gross yield calculations are indicative only and do not account for ownership costs or expenses. Purchasers should rely on their own enquiries and independent financial advice.

PHOTO ID REQUIRED FOR INSPECTIONS

Leigh Pridham - 0412 470 040
Kim Pridham - 0412 237 123

https://www.consumer.vic.gov.au/duediligencechecklist
Type
Townhouse
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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