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277 Lygon Street, Carlton, VIC, 3053

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Carlton

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277 Lygon Street, Carlton, VIC, 3053

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277 Lygon Street, Carlton, VIC, 3053

Carlton

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277 Lygon Street, Carlton, VIC, 3053

Properties / Buy / Victoria / Carlton

Tenanted Investment

Selling Method

EOI

Selling Details

Contact Agent

Land Area

83 m² (*approx)

Floor Area

117 m² (*approx)

Property Type

Retail

Sub-type

Cafe/Restaurant

Est. Income

$48,000 p/a

Zone

Commercial 1

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Lygon Street Freehold Investment | Secure Income + Flexibility

First time offered since the 1940s
High exposure position
Existing café infrastructure potential*

Lemon Baxter is pleased to offer 277 Lygon Street, Carlton — a tightly held freehold investment positioned within one of Melbourne’s most established lifestyle precincts.

Offered for the first time since the 1940s (approx.), the property presents a rare opportunity to secure a generational Lygon Street holding with immediate income supported by fixed annual growth.

Prominently located near the Faraday Street intersection, the asset is offered subject to an existing lease, providing a balanced profile of holding income and medium-term flexibility.

Key features:

- Passing income: $48,000 p.a.

- Fixed 3% annual rental increases

- Lease expiry April 2028 + options to 2034

- Tenant pays 100% of outgoings (excluding land tax)

- Prominent Lygon Street position

- Land area: 83 sqm* | Building area: 117 sqm*

- First time offered since the 1940s (approx.)

For sale via Expression of Interest closing Thursday, 14 May at 12pm (AEST).

Contact our exclusive selling agents for more information.

*Approximately

Remember to mention you found this property on CommercialReady

Dataroom

Tenanted Investment

277 Lygon Street Investment Summary

Property Type

Retail

Sub-type

Cafe/Restaurant

Est. Income

$48,000 p/a

Land Area

83 m² (*approx)

Floor Area

117 m² (*approx)

Zone

Commercial 1

Selling Method

EOI

DATAROOM AVAILABLE

Gain Access

EOI Closing Date

14 May 2026 12:00PM

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Selling Details

Contact Agent

Investment Highlights

Lygon Street Freehold Investment | Secure Income + Flexibility

First time offered since the 1940s
High exposure position
Existing café infrastructure potential*

Lemon Baxter is pleased to offer 277 Lygon Street, Carlton — a tightly held freehold investment positioned within one of Melbourne’s most established lifestyle precincts.

Offered for the first time since the 1940s (approx.), the property presents a rare opportunity to secure a generational Lygon Street holding with immediate income supported by fixed annual growth.

Prominently located near the Faraday Street intersection, the asset is offered subject to an existing lease, providing a balanced profile of holding income and medium-term flexibility.

Key features:

- Passing income: $48,000 p.a.

- Fixed 3% annual rental increases

- Lease expiry April 2028 + options to 2034

- Tenant pays 100% of outgoings (excluding land tax)

- Prominent Lygon Street position

- Land area: 83 sqm* | Building area: 117 sqm*

- First time offered since the 1940s (approx.)

For sale via Expression of Interest closing Thursday, 14 May at 12pm (AEST).

Contact our exclusive selling agents for more information.

*Approximately

Remember to mention you found this property on CommercialReady