Colliers are pleased to present this exceptional standalone Carlton asset superbly located on the doorstep of the CBD. 142-146 Leicester Street, Carlton is offered For Sale by Expressions of Interest closing Thursday 30 October 2025 at 2pm (AEDT).
142-146 Leicester Street, Carlton features a substantial two-level building of 550sqm* set on a Capital City Zoned land holding of 280sqm*, benefitting from dual street frontages to Leicester Street and Leicester Place.
Current income is $330,000 per annum (excluding outgoings and GST), with the current term set to expire on 30 September 2026, and two further six (6) month lease options.
- 280sqm* Carlton landholding
- 550sqm* two-level commercial building
- Annual rent of $330,000 plus outgoings plus GST
- Favourable Capital City zoning affording high-density development outcomes (STCA)
- 300m* from new Parkville Train Station
- Adjacent to University of Melbourne and within close proximity to Melbourne’s Hospital Precinct
- Nearby public transport offerings including trams on Elizabeth & Swanston Streets
142-146 Leicester Street sits in close proximity to the University of Melbourne and within one of the most rapidly evolving sections of Melbourne’s city fringe. Recent years have seen a surge in student accommodation development, residential development, and major infrastructure projects, with Parkville Train Station just a short walk from the property.
University Square, Lincoln Square, Argyle Square and World Heritage renowned Carlton Gardens are all in close proximity to the property, while surrounding lifestyle amenity and offerings include Queen Victoria Market, Lygon Street hospitality precinct, Melbourne Central and QV Melbourne.
Remember to mention you found this property on CommercialReady
Colliers are pleased to present this exceptional standalone Carlton asset superbly located on the doorstep of the CBD. 142-146 Leicester Street, Carlton is offered For Sale by Expressions of Interest closing Thursday 30 October 2025 at 2pm (AEDT).
142-146 Leicester Street, Carlton features a substantial two-level building of 550sqm* set on a Capital City Zoned land holding of 280sqm*, benefitting from dual street frontages to Leicester Street and Leicester Place.
Current income is $330,000 per annum (excluding outgoings and GST), with the current term set to expire on 30 September 2026, and two further six (6) month lease options.
- 280sqm* Carlton landholding
- 550sqm* two-level commercial building
- Annual rent of $330,000 plus outgoings plus GST
- Favourable Capital City zoning affording high-density development outcomes (STCA)
- 300m* from new Parkville Train Station
- Adjacent to University of Melbourne and within close proximity to Melbourne’s Hospital Precinct
- Nearby public transport offerings including trams on Elizabeth & Swanston Streets
142-146 Leicester Street sits in close proximity to the University of Melbourne and within one of the most rapidly evolving sections of Melbourne’s city fringe. Recent years have seen a surge in student accommodation development, residential development, and major infrastructure projects, with Parkville Train Station just a short walk from the property.
University Square, Lincoln Square, Argyle Square and World Heritage renowned Carlton Gardens are all in close proximity to the property, while surrounding lifestyle amenity and offerings include Queen Victoria Market, Lygon Street hospitality precinct, Melbourne Central and QV Melbourne.
Remember to mention you found this property on CommercialReady