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Investment Highlights

  • Prime inner-city warehouse shell spanning approx. 400m², boasting flexible adaptive re-use potential.
  • Proximity to elite amenity including Carlton Gardens, Melbourne University, hospitals, and cultural landmarks, reinforcing high-demand residential cre
  • Located in a low-supply, blue-chip enclave of Carlton, just a short tram ride to Melbourne CBD.
  • Currently apportioned across four existing titles, simplifying staged redevelopment or resale strategy.
  • Outstanding scope to develop 1–4 bespoke residences (STCA) or a consolidated luxury warehouse conversion.

Executive Summary

This property forms part of Carlton’s tightly held heritage-influenced residential grid, bounded by premier arterials and softened by green boulevards linking the suburb’s education, culture, and dining axis. The precinct offers synergy with an evolving market for architecturally driven urban infill projects, supported by favorable planning overlays and demonstrable buyer depth in boutique multi-residential development.

4 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,076 SF
  • Industrial
  • $916,500 ($851.77/SF)
  • -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m² of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.

Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.

Positioned in close proximity to Lygon Street’s café and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.
  • -
  • 1,076 SF
  • Industrial
  • $916,500 ($851.77/SF)
  • -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m² of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.

Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.

Positioned in close proximity to Lygon Street’s café and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.
  • -
  • 1,076 SF
  • Industrial
  • $916,500 ($851.77/SF)
  • -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m² of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.

Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.

Positioned in close proximity to Lygon Street’s café and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.
  • -
  • 1,076 SF
  • Industrial
  • $916,500 ($851.77/SF)
  • -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m² of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.

Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.

Positioned in close proximity to Lygon Street’s café and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.
Unit Unit Size Condo Use Price NOI
- 1,076 SF Industrial $916,500 ($851.77/SF) -
- 1,076 SF Industrial $916,500 ($851.77/SF) -
- 1,076 SF Industrial $916,500 ($851.77/SF) -
- 1,076 SF Industrial $916,500 ($851.77/SF) -

-

Unit Size
1,076 SF
Condo Use
Industrial
Price
$916,500 ($851.77/SF)
NOI
-

-

Unit Size
1,076 SF
Condo Use
Industrial
Price
$916,500 ($851.77/SF)
NOI
-

-

Unit Size
1,076 SF
Condo Use
Industrial
Price
$916,500 ($851.77/SF)
NOI
-

-

Unit Size
1,076 SF
Condo Use
Industrial
Price
$916,500 ($851.77/SF)
NOI
-

-

Unit Size 1,076 SF
Condo Use Industrial
Price $916,500 ($851.77/SF)
NOI -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).</li></ul>
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m&#178; of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.<br> <br> Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.<br> <br> Positioned in close proximity to Lygon Street’s caf&#233; and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.</li></ul>

-

Unit Size 1,076 SF
Condo Use Industrial
Price $916,500 ($851.77/SF)
NOI -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).</li></ul>
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m&#178; of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.<br> <br> Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.<br> <br> Positioned in close proximity to Lygon Street’s caf&#233; and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.</li></ul>

-

Unit Size 1,076 SF
Condo Use Industrial
Price $916,500 ($851.77/SF)
NOI -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).</li></ul>
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m&#178; of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.<br> <br> Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.<br> <br> Positioned in close proximity to Lygon Street’s caf&#233; and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.</li></ul>

-

Unit Size 1,076 SF
Condo Use Industrial
Price $916,500 ($851.77/SF)
NOI -
Sale Type Investment or Owner User
Description
100sqm warehouse shell, with two street frontages, including access via Carlow Place, complementing subdivision and individual access layouts (STCA).</li></ul>
Sale Notes
Killen Thomas offers a once-in-a-lifetime opportunity to secure an authentic red-brick warehouse shell with dual street frontages in one of Melbourne’s most coveted residential precincts. Tucked just off Faraday Street in vibrant Carlton, this classic sawtooth-roofed structure delivers 379 m&#178; of adaptable space, supported by Carlow Place secondary access, unlocking truly rare design versatility for discerning developers and owner-builders.<br> <br> Incredibly scarce to market, the property currently offers 4 separate titles, streamlining potential subdivision strategies while providing distinct exit options for future investors. Whether envisioned as a single flagship residence or up to four individual warehouse-style homes (STCA), the raw structural integrity sets the stage for bold architectural expression within a sought-after inner-north setting.<br> <br> Positioned in close proximity to Lygon Street’s caf&#233; and dining culture, Melbourne University, and major transport links, this site aligns with shifting lifestyle preferences favoring boutique, character-driven urban living environments.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,306 SF
Property Type Industrial
Property Subtype Warehouse
Building Class C
Floors 1
Typical Floor Size 4,306 SF
Lot Size 0.10 AC

Amenities

  • Skylights
  • Listing ID: 40592057

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 10-18 Little Barkly Street, Carlton, VIC 3053

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