Thriving Freehold In Bustling Brunswick East

Fitzroys is delighted to offer for sale this immaculate freehold investment located within the rapidly developing shopping precinct of Lygon Street Brunswick East leased to the highly popular bar – The Alderman.

The key attributes of this exceptional opportunity include:

• Highly sought after location along the rapidly developing lifestyle and restaurant/entertainment precinct of Lygon Street Brunswick East.
• Land Area: 156sqm* with excellent rear access from Piera, Linden and O’Connor Streets.
• Immaculate 2 level building with rear courtyard and entertainment deck.
• New 5 + 5 + 5 year lease from July 2021.
• Rent: $61,200 per annum plus outgoings and GST – (as at 1 July 2022).
• The Alderman is a renowned bar and highly rated on a variety of social media platforms including Broadsheet, Only Melbourne and Google.
• Excellent transport amenities nearby with the number 1 and 6 trams operating along Lygon Street – both leading to the CBD and first class education facilities.
• Superbly located amongst numerous sites currently and earmarked for development including Brunswick by Milieu (56 dwellings) and the Mirabella Site (58 dwellings) which is sure to add vibrancy to this already hipster location.

134 Lygon Street, Brunswick East presents an outstanding opportunity to acquire a highly sought-after thriving investment located in the popular lifestyle precinct of Lygon Street, Brunswick East.

*approx.