190-192 Drummond Street, Carlton, VIC 3053

Inspect by appointment.

Auctions on Saturday 9th August

192 Drummond St auction at 11.00am followed by 190 Drummond St at 11.30am.

Please note: The successful purchaser of 192 Drummond St will be granted exclusive negotiation rights for 190 Drummond St immediately following the auction. Should a sale not be secured during that period, 190 Drummond St will proceed to auction thereafter.

SOI 190 Drummond Street, Carlton: $2,900,000 - $3,100,000

SOI 192 Drummond Street, Carlton: $2,900,000 - $3,100,000

190 Drummond Street, Carlton

A landmark opportunity in the prestigious South Drummond St Precinct, this three-storey c1866 residence forms part of the historic Denver Terrace. Commissioned by Count François Louis Caumont de Castelnau, French Consul-General, it sits on the edge of Carlton Gardens and the CBD, defined by architectural significance, mixed-use zoning and valuable rear access via Erskine Lane with potential for off street parking. It's configured as twelve studio apartments, several self-contained, offering

income security and scope to reconfigure as a luxury residence, boutique development or commercial holding (STCA). The adjoining property at 192 Drummond St is also available, enhancing long-term dual-holding potential.

192 Drummond St, Carlton

A distinguished offering within the historic c1866 Denver Terrace, this solid-brick Victorian residence presents a compelling opportunity with a northern orientation and flexible rear access via Erskine Lane. Imposing in scale, the three-level terrace is part of one of Melbourne’s most architecturally significant rows.

Positioned near the CBD and Carlton Gardens, it offers immediate income with scope to reconfigure, restore or redevelop (STCA) and is currently configured as nine studio apartments, allotment with a second frontage, city views and a garage with potential for additional off street parking and private vehicle access. The option to acquire 190 Drummond St enhances the scope for a significant dual-holding.

190–192 Drummond St, Carlton

On the edge of Carlton Gardens and the CBD, 190 and 192 Drummond St form part of the historic c1866 Denver Terrace. Individually titled, 190 comprises twelve studio apartments with rear lane access; 192 offers nine studios, wider frontage, and further redevelopment potential (STCA). Zoned mixed-use with a heritage overlay and Erskine Lane access, each holds strong standalone value. Together, they offer a rare dual-holding in a premier precinct, a short walk from Lygon St, Melbourne University, hospitals and transport, with immediate income and significant long-term upside.

Remember to mention you found this property on DevelopmentReady