EXCEPTIONALLY BREWED INVESTMENT

Fitzroys is delighted to offer an immaculately presented, double fronted freehold leased to one of Brunswick East’s most popular cafes, Padre Coffee.

438-440 Lygon Street, Brunswick East is ideally positioned within a surging catchment and is offered for sale by Public Auction on Wednesday 10th September at 1pm on site.

Key attributes include:

•  Two fully renovated shops of 240sqm* offered together
•  Expansive street frontage of 9.17 metres*
•  Valuable inner city land holding of 311sqm*
•  Excellent rear access with wide right of way
•  5 + 5 + 5 year lease to long standing, popular tenant
•  Padre Coffee is a highly successful café with multiple locations across Australia
•  Returning $92,930* per annum plus outgoings and GST
•  Fixed annual rental increases provided built in growth
•  Within Commercial 1 zone
•  Strong future value add potential (STCA)
•  Strategic location benefiting from Brunswick East’s population and building boom with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
•  Excellent connectivity and exposure with Trams 1 & 6 stopping directly outside the property

For further information or an inspection, please contact Fitzroys selling agents, Chris Kombi and Ervin Niyaz.

*approx.