252 Lygon Street,
Carlton, VIC 3053
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Map of 252 Lygon Street
Train stations within 5 km of 252 Lygon Street, Carlton, VIC 3053 Distance Melbourne Central Station 1.1 km Parliament Station 1.2 km Flagstaff Station 1.5 km Flinders Street Railway Station 1.9 km NSW Train Link 2.2 km POWERED BY HERE ©Tram stops within 5 km of 252 Lygon Street, Carlton, VIC 3053 Distance 3-Lincoln Square/Swanston St (Carlton) 316 m 1-Melbourne University/Swanston St (Carlton) 362 m 12-Melbourne Museum/Nicholson St (Fitzroy) 436 m 4-Queensberry St/Swanston St (Carlton) 561 m 13-Hanover St/Nicholson St (Fitzroy) 679 m POWERED BY HERE ©Bus stops within 5 km of 252 Lygon Street, Carlton, VIC 3053 Distance Grattan St/Lygon St (Carlton) 51 m Lygon St/Grattan St (Carlton) 110 m Argyle Square/Lygon St (Carlton) 132 m Cardigan St/Grattan St (Carlton) 184 m Rathdowne St/Grattan St (Carlton) 203 m POWERED BY HERE ©
POWERED BY HERE ©
AN EDUCATED CARLTON INVESTMENT
POINT OF INTEREST:
Private Sale Closing 14th November 2024 at 3pm UNLESS SOLD PRIOR.
To invest in education is to invest in yourself, and when the asset is situated nearby two of Australia most prestigious tertiary institutions (Melbourne University and RMIT) it’s your master class in investment success. Leased to Milestone English Academy Pty Ltd, the 517sqm* is a full floor plate that provides disability access to occupants, from the secure basement parking area to the first floor, via a short elevator ride. Unobstructed by neighbouring buildings allows for an abundance of natural light to penetrate classrooms and workspaces from each boundary while the balcony facing Lygon Street is a great place for students to take a break between classes. Seven generous size classrooms on Level 1, provides flexibility to the campus and allows Milestone English Academy the ability to run multiple classes consecutively. They must be doing something right as the tenant also occupies Level 2 above, further establishing their stake in the building for many years to come.
- Total building area of 517 sqm*.
- Leased to Milestone English Academy Pty Ltd.
- Rental of $123,600.00 per annum plus outgoings and GST.
- 5 year lease commencing August 2023 with 1 further term of 5 years.
- 3% annual rental increases.
- 3 month bank guarantee + personal guarantee.
- Commercial 1 Zone location.
- Close proximity to Melbourne’s public transport system – Tram 1 & 6 will take you straight into the city.
- 4 basement car spaces (On title).
POINT OF VIEW:
An exceptional investment opportunity in the heart of a thriving and vibrant inner-city community
*Approx.
Pricing excludes GST
Private Sale Closing 14th November 2024 at 3pm UNLESS SOLD PRIOR.
To invest in education is to invest in yourself, and when the asset is situated nearby two of Australia most prestigious tertiary institutions (Melbourne University and RMIT) it’s your master class in investment success. Leased to Milestone English Academy Pty Ltd, the 517sqm* is a full floor plate that provides disability access to occupants, from the secure basement parking area to the first floor, via a short elevator ride. Unobstructed by neighbouring buildings allows for an abundance of natural light to penetrate classrooms and workspaces from each boundary while the balcony facing Lygon Street is a great place for students to take a break between classes. Seven generous size classrooms on Level 1, provides flexibility to the campus and allows Milestone English Academy the ability to run multiple classes consecutively. They must be doing something right as the tenant also occupies Level 2 above, further establishing their stake in the building for many years to come.
- Total building area of 517 sqm*.
- Leased to Milestone English Academy Pty Ltd.
- Rental of $123,600.00 per annum plus outgoings and GST.
- 5 year lease commencing August 2023 with 1 further term of 5 years.
- 3% annual rental increases.
- 3 month bank guarantee + personal guarantee.
- Commercial 1 Zone location.
- Close proximity to Melbourne’s public transport system – Tram 1 & 6 will take you straight into the city.
- 4 basement car spaces (On title).
POINT OF VIEW:
An exceptional investment opportunity in the heart of a thriving and vibrant inner-city community
*Approx.
Pricing excludes GST
Property ID: 504709384Last Updated: 10 Oct 2024
CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
252 Lygon Street
Carlton, VIC 3053
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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