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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

204/123 Pelham Street
Carlton, VIC 3053

$450,000 - $490,000

2
Bed
1
Bath
Property Type: Apartment
Listed Date: 22nd Apr 2026
Overview

North-facing luxury in prime carlton | secure i...

Set within the tightly held and architecturally acclaimed BRAVO Apartments Carlton, this exceptional level two residence offers a premium north-facing opportunity in one of Melbourne’s most sought-after inner-city locations.

Bathed in natural light from its true north orientation, the apartment immediately impresses with a bright and uplifting atmosphere, providing a refined sense of calm that is rare in apartment living. This quality consistently attracts strong interest from both buyers and tenants.

The open-plan living and dining area seamlessly extends to a sunlit private balcony, creating an effortless indoor-outdoor connection ideal for everyday living and sophisticated entertaining. The space features timber flooring, clean architectural lines, and a carefully curated material palette that delivers timeless, high-end appeal.

A sleek stone kitchen equipped with quality appliances anchors the living space, combining functionality with refined design. The apartment includes two generous, light-filled bedrooms that offer excellent accommodation, complemented by a stylish central bathroom and a European laundry.

Residents have exclusive access to a rooftop terrace boasting panoramic city views, landscaped entertaining areas, and BBQ facilities. This standout feature enhances both lifestyle appeal and rental performance.

Positioned between Lincoln Square and Argyle Square, and just moments from Melbourne University, RMIT, the hospital precinct, Queen Victoria Markets, and Lygon Street’s renowned dining scene, this blue-chip address ensures enduring demand and exceptional convenience. The location offers true walk-to-everything convenience, with parks, universities, cafés, dining, and the CBD all within easy reach.

The property is currently leased at $690 per week until 23 December 2026, providing immediate, secure income with proven rental strength, while also offering future flexibility for owner-occupiers.

Key features include:

  • Sun-drenched north-facing living, a rare orientation that enhances warmth, liveability, and long-term value.
  • Located within the tightly held BRAVO Apartments Carlton, renowned for design and strong buyer demand.
  • Effortless indoor–outdoor flow to a private balcony bathed in natural light.
  • Refined, low-maintenance design with timber floors, stone kitchen, and clean architectural lines.
  • Two light-filled bedrooms offering comfort, privacy, and excellent natural ventilation.
  • True walk-to-everything lifestyle with cafés, parks, universities, hospitals, trams, and the CBD all within minutes.
  • Secured rental income of $690 per week until December 2026, delivering immediate income with proven high-yield performance.

This tightly held, high-performing, and effortlessly refined residence stands out in a competitive market, offering a unique opportunity for buyers seeking quality, convenience, and secure income in prime Carlton.

Location
204/123 Pelham Street
Carlton VIC 3053
Market Insights for Carlton VIC 3053
New Listings (last 30 days)
7
Average price
$1,342,143
Lowest price
$410,000
Highest price
$2,295,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.