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514 & 516 Lygon Street, Brunswick East, VIC, 3057

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514 & 516 Lygon Street, Brunswick East, VIC, 3057

Brunswick East

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514 & 516 Lygon Street, Brunswick East, VIC, 3057

Brunswick East

SOLD
514 & 516 Lygon Street, Brunswick East, VIC, 3057

514 & 516 Lygon Street, Brunswick East, VIC, 3057

Properties / Sold / Victoria / Brunswick East
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
322 m² (*approx)
Floor Area
160 - 322 m² (*approx)
Property Type
Retail
Est. Income
$49,560 p/a
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TWO ENTRY LEVEL FREEHOLDS IN SOUGHT AFTER LOCATION | BUY ONE OR BUY BOTH
  • Buy one or buy both
  • First time offered in 70 years
  • Occupy, Invest, Develop or Value Add

Gorman Commercial is pleased to offer for sale 514 & 516 Lygon Street, Brunswick via two public auctions on Thursday 27th February 2025 at 12pm on-site.

Being offered for the first time in 70 years, these two retail properties, available separately or together are the perfect entry level investment opportunity, with short-term income and potential to occupy, invest, develop or value add.

Key property features:

* Buy one or buy both

* Land areas: 160sqm & 162sqm (Combined Land area: 322 sqm*)

* Two street frontages, with rear access via Eddy Street

* Short-term combined income of $49,560 per annum

* Two freehold properties on separate titles

* Each property benefits from rear roller shutter door access and on-site parking

Only 5 kilometres from the CBD, the properties are perfectly positioned at the top of Lygon Street within this ever gentrifying location.

With Sydney Road to the west and Nicholson Street to the east the surrounding location is home to an abundance of popular retailers and hospitality venues.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

514 & 516 Lygon Street Investment Summary

Property Type
Retail
Est. Income
$49,560 p/a
Land Area
322 m² (*approx)
Floor Area
160 - 322 m² (*approx)
Selling Method
Auction
Auction Date
27 Feb 2025 12:00PM
Selling Details
Contact Agent

Investment Highlights

TWO ENTRY LEVEL FREEHOLDS IN SOUGHT AFTER LOCATION | BUY ONE OR BUY BOTH
  • Buy one or buy both
  • First time offered in 70 years
  • Occupy, Invest, Develop or Value Add

Gorman Commercial is pleased to offer for sale 514 & 516 Lygon Street, Brunswick via two public auctions on Thursday 27th February 2025 at 12pm on-site.

Being offered for the first time in 70 years, these two retail properties, available separately or together are the perfect entry level investment opportunity, with short-term income and potential to occupy, invest, develop or value add.

Key property features:

* Buy one or buy both

* Land areas: 160sqm & 162sqm (Combined Land area: 322 sqm*)

* Two street frontages, with rear access via Eddy Street

* Short-term combined income of $49,560 per annum

* Two freehold properties on separate titles

* Each property benefits from rear roller shutter door access and on-site parking

Only 5 kilometres from the CBD, the properties are perfectly positioned at the top of Lygon Street within this ever gentrifying location.

With Sydney Road to the west and Nicholson Street to the east the surrounding location is home to an abundance of popular retailers and hospitality venues.

Remember to mention you found this property on CommercialReady

Read More

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514 & 516 Lygon Street, Brunswick East, VIC, 3057

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Property Location of 514 & 516 Lygon Street, Brunswick East, VIC, 3057

Property Map
514 & 516 Lygon Street, Brunswick East, VIC, 3057 Brunswick East
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