Central Inner City Shop & Dwelling

Fitzroys is pleased to offer for sale a sought-after freehold investment located within the rapidly developing hospitality precinct of Lygon Street Brunswick East.

Key investments attributes include:

• Land Area of 223sqm* with excellent rear access via Christopher Lane
• Well configured building comprising shop and dwelling with separate access to each tenancy plus car space
• New 5 + 5 + 5 year lease to La Candelaria, a popular Colombian inspired eatery
• Returning $59,850* per annum plus outgoings and GST
• Within buzzing hospitality and lifestyle precinct only 4km* North of the CBD
• Surrounded by some of Melbourne’s most popular restaurants including Mama Manoush, Kumo, 400 Gradi, Zia Teresa, Rumi and Teta Mona
• Excellent transport amenities at doorstep with the number 1 and 6 trams operating along Lygon Street – both leading to the CBD and to first class education facilities
• Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
• Ideal set and forget inner city investment with future value add potential (stca)