Share this property

realcommercial.com.au

IGA, 103 Lygon Street Carlton, VIC 3053

Directions

IGA, 103 Lygon Street,
Carlton, VIC 3053

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Tenure type

Sold on

Map of IGA, 103 Lygon Street

Directions

Super Prime AAA Retail Investment

  • 5 x 5 x 5 x 5 YEAR NET LEASE
  • SUBSTANTIAL STREET FRONTAGE OF 16m*
  • POWERHOUSE NATIONAL TENANT
Colliers International is pleased to present a rare opportunity to acquire IGA, 103 Lygon Street, Carlton with the following key attributes:

• A super prime retail asset in Melbourne’s University Precinct
• Centrally positioned in the heart of Melbourne’s best retail streets
• Within close proximity to lifestyle amenities including Queen Victoria Market, Carlton Gardens, State Library of Victoria, RMIT University and University of Melbourne
• Well-serviced by public transport facilities that include Melbourne Central Station and Swanston Street trams
• Substantial Retail space of 555m²* allowing for future subdivision (STCA)
• Securely leased to National Supermarket – IGA, with over 1,400 stores Australia wide
• Net income of approximately $218,400* per annum plus GST and outgoings
• Long lease of five (5) years with four (4) further terms of five (5) years
• 4% Fixed annual increases

*Approximate value.

For Sale by Tender closing Tuesday 20th June at 12pm.

To arrange an inspection or for more information please contact the exclusive selling agents.

colliers.com.au/41937

Property ID: 502421222Last Updated: 23 Aug 2023

realcommercial.com.au logo
IGA, 103 Lygon Street
Carlton, VIC 3053
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

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