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92 Lygon Street
BRUNSWICK EAST, VIC 3057

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Property Description

Prized Corner Freehold With Upside

  • Over 28 metres of highly exposed frontage to Lygon and Weston Streets
  • Well configured land area of 183sqm*
  • Two storey building of 230sqm* comprising ground floor shop, first floor apartment and detached storeroom
  • Multiple income streams with combined return of $101,560* per annum plus GST
  • Flexible lease profile to Pharmacy and residence
  • Genuine value add / further development potential (stca)
  • Approved permit in place for additional retail and offices fronting Lygon Street
  • Highly sought after central position on one of the most prominent corners of Brunswick East
  • Thriving and popular hospitality and lifestyle precinct only 4km* north of the CBD
  • Surrounded by some of Melbourne‚Äôs most popular restaurants including 400 Gradi, Zia Teresa, Rumi, Teta Mona and Mama Manoush
  • Opposite Tram stop and in walking distance to bus services operating along Brunswick Road
  • Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
  • Versatile opportunity suited to investors, future occupiers and developers (stca)

*Approx.

FOR SALE BY PUBLIC AUCTION WEDNESDAY 24TH NOVEMBER AT 1PM

ZoneCommercial 1
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Consultant

Ervin Niyaz

M: 0404 808 327
E: niyaze@fitzroys.com.au

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

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Property Information

Property ID
131752

Price
Contact Agent

Building
230m2

Land
183m2

DocumentType
Brochure Pdf