Auction: 30/05/20241:00 PM

113 Lygon Street
BRUNSWICK EAST, VIC 3057

Property Type
Retail
Building Area
150m2
Land Area
152m2
Zoning
Commercial 1

Polished Investment With New 5 Year Lease

Fitzroys is delighted to present 113 Lygon Street, Brunswick East for Sale By Public Auction on Thursday 30th May at 1pm on site.

Key investment attributes include:

  • Renovated single level retail shop of 150sqm* with rear laneway access

  • Well-proportioned landholding of 152sqm* offering various future development and value add outcomes (stca)

  • Brand new 5 year lease to longstanding and established multi-store Tenant “Tips and Toes” returning $67,500 net per annum

  • Recently completed renovation encompassing a new modern glass frontage and rear storage area

  • In the absolute prime trading section of Lygon Street, Brunswick East surrounded by top hospitality operators and local retailers including 400 Gradi, Old Palm Liquor, Maggies, Bed Bath N’ Table, Messina, IGA and many more

  • Excellent connectivity and exposure with Trams 1 & 6 running outside the property and 22,000* cars passing by daily

  • Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby

For further information or an inspection, please contact exclusive selling agents, Fitzroys.

*approx.

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Consultant

Lewis Waddell

M: 0431 107 275
E: waddelll@fitzroys.com.au

Ervin Niyaz

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

Enquire about property
Property Type
Retail
Building Area
150m2
Land Area
152m2
Zoning
Commercial 1
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