Added 1 day ago
78-80 Lygon Street,
Brunswick East, VIC 3057
Shops & Retail
Added 1 day ago
Price information
Sale - Auction Thu 5 Dec
Contact Agent
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$185,657
Number of Tenants
1 Tenant
Tenants / Type
The Beast
Auction
Private inspections
to arrange a private inspection.
Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
78-80 Lygon Street
Brunswick East, VIC 3057
Map of 78-80 Lygon Street
Train stations within 5 km of 78-80 Lygon Street, Brunswick East, VIC 3057 Distance Jewell Station 1.1 km Brunswick Station 1.4 km Royal Park Station 1.8 km Merri Station 1.9 km Anstey Station 2 km POWERED BY HERE ©Tram stops within 5 km of 78-80 Lygon Street, Brunswick East, VIC 3057 Distance 121-Weston St/Lygon St (Brunswick East) 73 m 119-Park St/Lygon St (Carlton North) 354 m 122-Glenlyon Rd/Lygon St (Brunswick East) 415 m 118-Pigdon St/Lygon St (Carlton North) 594 m 23-Miller St/Nicholson St (Fitzroy North) 682 m POWERED BY HERE ©Bus stops within 5 km of 78-80 Lygon Street, Brunswick East, VIC 3057 Distance Lygon StBrunswick Rd 210 m 120-Brunswick Rd/Lygon St (Brunswick) 274 m Lygon StGlenlyon Rd 405 m Ewing St/Brunswick Rd (Brunswick) 433 m Truscott St/Brunswick Rd (Brunswick East) 434 m POWERED BY HERE ©
POWERED BY HERE ©
The Beast of Brunswick East! Prime Freehold With 10 Year Lease
- Superb Double Fronted Building
- Absolute Prime Trading Position
- Valuable Land Holding of 373sqm*
Fitzroys is delighted to present 78-80 Lygon Street, Brunswick East for Sale By Public Auction on Thursday 5th December at 2pm on site.
Key investment attributes include:
• Secure 10 year lease plus options to highly popular hospitality tenant trading as “The Beast”
• Returning $185,657* per annum plus GST (as at 17/01/2025)
• Fixed annual rental increases
• Two double storey shops on one title with combined building area of 620sqm*
• Commanding street frontage of 12.26 metres*
• Valuable inner city land holding of 373sqm* with access from rear laneway
• High profile building encompassing an expansive hospitality premises with multiple seating zones, bar and commercial kitchen
• Separate street access to first floor comprising bar, dancefloor, live music stage, seating and kitchen
• Pole position within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne
• Excellent connectivity and exposure with Trams 1 & 6 stopping nearby 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
• Ideal set and forget inner city investment with future value add potential (stca)
For further information or an inspection, please contact exclusive selling agents, Chris Kombi and Ervin Niyaz of Fitzroys.
*approx.
Key investment attributes include:
• Secure 10 year lease plus options to highly popular hospitality tenant trading as “The Beast”
• Returning $185,657* per annum plus GST (as at 17/01/2025)
• Fixed annual rental increases
• Two double storey shops on one title with combined building area of 620sqm*
• Commanding street frontage of 12.26 metres*
• Valuable inner city land holding of 373sqm* with access from rear laneway
• High profile building encompassing an expansive hospitality premises with multiple seating zones, bar and commercial kitchen
• Separate street access to first floor comprising bar, dancefloor, live music stage, seating and kitchen
• Pole position within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne
• Excellent connectivity and exposure with Trams 1 & 6 stopping nearby 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
• Ideal set and forget inner city investment with future value add potential (stca)
For further information or an inspection, please contact exclusive selling agents, Chris Kombi and Ervin Niyaz of Fitzroys.
*approx.
Property ID: 504727700Last Updated: 1 Nov 2024
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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