​​Trio of Properties Offers Carlton Site​ 

18 August 2025

​​Colliers brings The Carlton Collective to market for the first time in over 40 years.​ 

Colliers is proud to present The Carlton Collective, a rare and versatile residential opportunity comprising three distinct properties in the heart of Carlton. Offered in one line, the dwellings span a combined land area of approximately 598sqm* of General Residential Zoned land. 

Positioned just metres from the iconic Lygon Street, the properties at 236 Faraday Street, 238-240 Faraday Street, and 12-18 Powell Lane offer immediate access to Melbourne’s premier dining, retail, and cultural experiences. The location is further enhanced by proximity to major universities, including the University of Melbourne and RMIT, as well as extensive public transport links and green spaces such as Lincoln and Argyle Squares as well as Carlton Gardens and Princes Park. 

Jozef Dickinson, Colliers National Director | Residential, said, ”The Carlton Collective is an unrepeatable opportunity in the beating heart of Carlton. Offering flexibility via multiple titles, this is a rare piece of real estate for this part of Melbourne.” 

The three lots feature a combined 16-metre frontage to Faraday Street, being on the corner of Powell Lane, providing strong street presence and potential development upside.  

Philip Heberling, Senior Executive | Residential at Colliers, commented, ”Carlton continues to attract a diverse mix of high end residents, as well as students, and professionals thanks to its unbeatable location just north of the CBD. The area’s walkability, access to trams, and proximity to leading universities and hopsitals make it one of Melbourne’s most liveable and dynamic suburbs.” 

Currently occupied as boardng accommodation and a residential tenancy, the properties offer a good level of short term income. 

The properties are offered for sale via Expressions of Interest, closing Thursday 11th September 2025 at 2pm.