242 Lygon Street,
Carlton, VIC 3053

Colliers International is pleased to present the opportunity to purchase 242 Lygon Street, Carlton with the following key attributes:

- Two freestanding corner adjoining buildings with highly exposed Lygon Street frontage and rear access via Ormond Place
- Conveniently located on Lygon Street between Rathdowne and Swanston Streets within walking distance to the world renowned University of Melbourne
- Building Area of 461m2*
- Land Area of 514m²*
- Fully leased investment with a secure tenancy to Stotts College
- Net Rent $338,000*pa + GST & Outgoings
- 5 x 5 x 5 year lease with fixed 4% annual increases
- High quality fit out including a fully equipped commercial kitchen, large café areas and rear car parking
- Major foot traffic resulting from the growing student population and bustling retail activity
- Well serviced by public transport with major tram routes running along Swanston and Elgin Street
- A rare opportunity to acquire a prime freestanding building with major future development potential (STCA)

(*Approx)

For Sale by Expressions of Interest closing Wednesday 16th September 2015 at 3pm.

To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team (MCS).

URL www.colliers.com.au/16388