Large Vacant Freehold in a Prime Position
139 Carlisle Street, Balaclava
Right in the heart of the prized Carlisle Street precinct, this impressive vacant freehold offers an exceptional opportunity to secure a presence in one of Melbourne's most dynamic and sought-after destinations. Benefiting from Commercial 1 Zoning, a prominent shopfront, and strong pedestrian activity, it offers outstanding flexibility for a wide range of future uses, including retail, hospitality, office, or medical applications (STCA).
Surrounded by popular local traders, established businesses and a thriving mix of cafes, services and specialty retail, and with trams and trains steps away, the location attracts consistent foot traffic and substantial demand. The vacant holding and open-concept layout provide immediate scope to establish a business, secure a tenant or reconfigure the space to suit specific requirements.
Opportunities to acquire a freehold holding in this tightly held Carlisle Street setting remain increasingly limited, making this an appealing proposition for those seeking exposure, flexibility and long-term potential within a proven commercial precinct.














