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1/73 Lygon Street, BRUNSWICK EAST, VIC, 3057
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1/73 Lygon Street, BRUNSWICK EAST, VIC, 3057

2. Property Highlights

Prized Inner City Retail Investment | Prominent Corner on Famous Lygon Street
  • Renewed 3 Year Lease to Proven Operator
  • Tenant pays all usual outgoings
  • Strategic Corner Location

Burgess Rawson is pleased to offer to the market this prized corner investment on a renewed lease for sale via Investment Portfolio Auction 157.

This investment has the following key investment highlights:

+Renewed 3-year lease to December 2025 plus options to 2031.

+Attractive net lease with tenant paying all usual outgoings as per the lease agreement.

+Single tenant, minimum management investment.

+Annual rent reviews.

+Secure car park on-title.

+Strategically located on Lygon Street supported by high density multi-level apartments.

+Lygon Street: major metropolitan arterial with 22,000 vehicles passing daily.**

+Brunswick: in demand, city fringe growth suburb with the median house price up 21% since January 2021 and only 3.5km from Melbourne CBD.***

+Net Income: $45,000 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 7 December 2022

Crown Casino - River Room

*approx.

**Gap Maps.

***Realestate.com.au

Remember to mention you found this property on CommercialReady

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Shaun Venables
Shaun Venables
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Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605
Zomart He 何梓轩
Zomart He 何梓轩
+61 *** *** *** show +61 488 220 830

3. Property Location

1/73 Lygon Street, BRUNSWICK EAST, VIC, 3057

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4. Due Diligence

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1/73 Lygon Street, BRUNSWICK EAST, VIC, 3057 Brunswick East
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
Justin Kramersh
Justin Kramersh
+61 *** *** *** show +61 460 349 605
Zomart He 何梓轩
Zomart He 何梓轩
+61 *** *** *** show +61 488 220 830
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