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239 Lygon Street Carlton, VIC 3053

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239 Lygon Street,
Carlton, VIC 3053

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Blue chip investment in Lygon street's best precinct

This securely leased double storey shop, currently tenanted by 'The Original Lolly Store, offers exceptional returns and consistent investment success in the heart of the Lygon Street shopping strip.
High volume pedestrian traffic, a prominent profile, ample retail and storage space, proximity to car-parking and Grattan Street contribute to on-going appeal on 114sqm(1152sqft) approx.

Generous sales and display area is complemented by a large upstairs storage space while to the rear, additional storage, kitchen and bathroom facilities precede a low-maintenance courtyard with pedestrian ROW.
Lease 1/9/2009 -1/9/2014 with two x further 5 year options.
Income Sept 2009 to Sept 2010 of $66,272 +GST.
Outgoings, including water, rates, building insurance and $10m public liability insurance paid by tenant.
An outstanding investment opportunity in Lygon Street's best precinct.

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Property ID: 5550930Last Updated: 27 Feb 2014

04183219...
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239 Lygon Street
Carlton, VIC 3053

Detailed listing

Thomson - Malvern
Cnr High Street & Glenferrie Road
MALVERN, VIC 3144
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