678 Swanston Street, Carlton, Vic 3053

Stonebridge Property Group is pleased to present for sale 678 Swanston Street, Carlton, a high-quality retail freehold in a tightly held university precinct position just 650 m* from the CBD.

 Key Highlights of the Opportunity Include: 

– A prominent double level hospitality freehold completely refurbished in 2013 and spanning 209 sqm* on the doorstep of Melbourne University.

– 100% leased to Chilli Flame Cuisine a strategic tenant, servicing an expansive surrounding student population – currently rated 4.9 stars from 360+ reviews^.

– Providing annual income of $105,000 + GST + outgoings*, complemented by fixed 5% annual rent increases.

– Tightly held 112 sqm* Commercial 1 Zoned landholding, with rear lane access via Bella Lane providing flexibility, delivery efficiencies and long-term retail functionality.

– Enjoying 5.2 m* of Swanston St and strategically designed with rear loading provisions, multiple commercial kitchens and dining across both levels.

– Complemented by a 126-patron liquor licence, with late night trading until 1:00am

– Strategically positioned within Melbourne’s inner city university precinct amongst the University of Melbourne, RMIT University and Australian Catholic University, comprising more than 180,000+ students*.

–  Positioned just moments from Melbourne CBD (650 m*) and major lifestyle/tourism anchors including Melbourne Museum (720 m*), Carlton Gardens (710 m*), Royal Exhibition Building (730 m*) while benefiting from 4,500+ nearby student rooms/apartments*.

– Prominent Swanston Street position along Melbourne’s busiest tram corridor, carrying eight tram routes and more than 90,000 weekday passengers*.

 To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

 Ian Lam    

0485 693 699

(WeChat ID: Ianlam2001)  

  Nic Hage

0448 782 594

 Rorey James

0439 400 081

  Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets.

 ^as at July 2026

*Approximately 

 Our Ref: Strip Retail

Our ID: a0TOd00000pO9oAMAS

Property Code: 1785