118-120 Elgin Street, Carlton, VIC, 3053

Colliers Investment Services Victoria are pleased to present this exceptional Carlton freestanding investment at 118-120 Elgin Street, offered For Sale by Public Auction on Wednesday 16 September 2026 at 12:30pm (AEST).

Key Attributes

-Annual income of $105,287 (excl. outgoings & GST)

-338sqm* dual-fronted landholding

-550sqm* two-level building

-11m* frontage to Elgin Street, combined frontage including Casamento Place 41.69m*

-Longstanding hospitality tenant with recently renewed 5-year lease commenced July 2026.

-Flexible Commercial 1 Zoning

-Future development potential (STCA)

Nestled between Johnston Street Collingwood and Lygon Street Carlton, two of the most established hospitality and nightlife precincts in Melbourne’s Inner city, Motley Bauhaus is a live entertainment venue used for stand up comedy, Cabaret, stage performances and art exhibitions contributing to the creative fabric of Carlton and the inner north.

Located in close proximity to major education and health providers including University of Melbourne, RMIT, Royal Melbourne Hospital and St Vincent’s Hospital together with a growing residential and commercial catchment, as well as Carlton’s acclaimed retail, hospitality and lifestyle precinct with Lygon Street, Rathdowne Village, Carlton Gardens, IMAX and Melbourne Museum all nearby

118-120 Elgin Street, Carlton is an exceptional city fringe investment opportunity that is well-suited to buyers looking at bolstering their existing property portfolio.

To arrange an inspection, reach out to the exclusively appointed agents from Colliers.

Remember to mention you found this property on CommercialReady