Share this property

realcommercial.com.au
Premier Commercial Pty Ltd

1/73 Lygon Street Brunswick East, VIC 3057

Directions

1/73 Lygon Street,
Brunswick East, VIC 3057

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Property extent

Tenure type

Sold on

Premier Commercial Pty Ltd

Premier Commercial Pty Ltd

345 MORAY ST
SOUTH MELBOURNE, VIC 3205
Premier Commercial Pty Ltd
1/73 Lygon Street
Brunswick East, VIC 3057

Map of 1/73 Lygon Street

Directions

Prized Inner City Retail Investment | Prominent Corner on Famous Lygon Street

  • Renewed 3 Year Lease to Proven Operator
  • Tenant pays all usual outgoings
  • Strategic Corner Location
Burgess Rawson is pleased to offer to the market this prized corner investment on a renewed lease for sale via Investment Portfolio Auction 157.

This investment has the following key investment highlights:

+Renewed 3-year lease to December 2025 plus options to 2031.
+Attractive net lease with tenant paying all usual outgoings as per the lease agreement.
+Single tenant, minimum management investment.
+Annual rent reviews.
+Secure car park on-title.
+Strategically located on Lygon Street supported by high density multi-level apartments.
+Lygon Street: major metropolitan arterial with 22,000 vehicles passing daily.**
+Brunswick: in demand, city fringe growth suburb with the median house price up 21% since January 2021 and only 3.5km from Melbourne CBD.***
+Net Income: $45,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 7 December 2022
Crown Casino - River Room

*approx.
**Gap Maps.
***Realestate.com.au

Property ID: 504207984Last Updated: 7 Feb 2024

Premier Commercial Pty Ltd
345 MORAY ST
SOUTH MELBOURNE, VIC 3205

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Premier Commercial Pty Ltd

Other properties you might be interested in based on the location and property type you are looking at.