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Gorman Commercial Real Estate

265 Lygon Street Carlton, VIC 3053

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265 Lygon Street,
Carlton, VIC 3053

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Gorman Commercial Real Estate
Tom Maule
Jonathon McCormack

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
265 Lygon Street
Carlton, VIC 3053

Map of 265 Lygon Street

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PRIME RETAIL INVESTMENT WITH UPSIDE

  • Versatile two-storey feehold
  • Significant rental upside
  • Substantial Lygon Street frontage
Rare opportunity to acquire this versatile two-storey freehold investment with potential rental uplift and surrounded by an abundance of lifestyle amenity.

Auction: Thursday 19th May 2022 at 12 noon on-site

Key features comprise:

* Lease term: 5 + 5 years
* Income: $77,600 pa + GST to be increased to $87,600 pa + GST in November 2022
* Exceptional freehold building of 214 sqm* and substantial Lygon Street frontage
* Significant fixed annual rental increases
* Rear access via Dorrit Street
* Surrounded by major tenants including King & Godfree development, Country Road, Mecca, Grill'd

Ideally located within arguably the best position in the strip, nearby the bustling Lygon Street / Faraday Street intersection and surrounded by all that this magical location has to offer.

Property ID: 504055263Last Updated: 21 Jul 2022

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