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Deadline Sale: Wed 19th November at 2pm (if not sold prior)
Nelson Alexander Commercial and Gill Property Group are delighted to present Wagyu Table, 121 Lygon Street, Brunswick East — a premier corner investment in the heart of Melbourne’s renowned food and beverage precinct. Securely leased on a long-term basis with strong fixed increases, this high-profile hospitality asset offers exceptional exposure, a quality tenant, and outstanding future upside within a rapidly evolving location.
Key Features
• Corner building with commanding street presence and 29m* frontage to Lygon Street .
• Commercial 1 zoning with total floor area of 350sqm*
• 10 year lease with a strong rental of $187,464.38 (as at Nov 2025) and landlord favoured fixed 3.5% increases.
• Prominent building featuring a large-scale hospitality venue with multiple dining areas, a bar, and a fully equipped commercial kitchen.
• Current Liquor license and day/night in the heart of East Brunswick’s acclaimed. food and beverage precinct, surrounded by iconic hospitality venues attracting a loyal and consistent customer base from across Melbourne.
• Excellent connectivity and exposure, with Trams 1 & 6 nearby and approximately 22,000* vehicles passing daily.
• Positioned within a rapidly evolving precinct, with numerous residential developments nearby and significant future uplift expected from planned high-density developments.
121 Lygon Street provides a premium ‘set and forget’ investment opportunity with a secure lease profile in one of Melbourne’s most popular hostility and lifestyle precincts.
For all property enquiries or to arrange an inspection, please contact exclusive selling Agents Nelson Alexander Commercial or Gill Property.
*approx.
Remember to mention you found this property on CommercialReady
Deadline Sale: Wed 19th November at 2pm (if not sold prior)
Nelson Alexander Commercial and Gill Property Group are delighted to present Wagyu Table, 121 Lygon Street, Brunswick East — a premier corner investment in the heart of Melbourne’s renowned food and beverage precinct. Securely leased on a long-term basis with strong fixed increases, this high-profile hospitality asset offers exceptional exposure, a quality tenant, and outstanding future upside within a rapidly evolving location.
Key Features
• Corner building with commanding street presence and 29m* frontage to Lygon Street .
• Commercial 1 zoning with total floor area of 350sqm*
• 10 year lease with a strong rental of $187,464.38 (as at Nov 2025) and landlord favoured fixed 3.5% increases.
• Prominent building featuring a large-scale hospitality venue with multiple dining areas, a bar, and a fully equipped commercial kitchen.
• Current Liquor license and day/night in the heart of East Brunswick’s acclaimed. food and beverage precinct, surrounded by iconic hospitality venues attracting a loyal and consistent customer base from across Melbourne.
• Excellent connectivity and exposure, with Trams 1 & 6 nearby and approximately 22,000* vehicles passing daily.
• Positioned within a rapidly evolving precinct, with numerous residential developments nearby and significant future uplift expected from planned high-density developments.
121 Lygon Street provides a premium ‘set and forget’ investment opportunity with a secure lease profile in one of Melbourne’s most popular hostility and lifestyle precincts.
For all property enquiries or to arrange an inspection, please contact exclusive selling Agents Nelson Alexander Commercial or Gill Property.
*approx.
Remember to mention you found this property on CommercialReady
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