IGA, 103 Lygon Street,
Carlton, VIC 3053
Shops & Retail
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Map of IGA, 103 Lygon Street
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
• 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
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