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98-100 Lygon Street, Brunswick East, VIC, 3057

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98-100 Lygon Street, Brunswick East, VIC, 3057

98-100 Lygon Street, Brunswick East, VIC, 3057

Properties / Sold / Victoria / Brunswick East
Tenanted Investment

1. Property Summary

Selling Method
Auction
Land Area
345 m² (*approx)
Floor Area
261 m² (*approx)
Property Type
Retail
Terms
Strong 10 year lease plus options
Est. Income
$170,000 p/a
Fully Leased
Maggie’s Snacks & Liquor
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2. Property Highlights

Unrivalled Inner City Gem With Strong 10 Year Lease To Proven Tenant
  • Absolute Prime Trading Position
  • Renovated Double Fronted Freehold
  • Valuable Land Holding of 345sqm*

Fitzroys, under instructions from Advise Transact, is delighted to present 98-100 Lygon Street, Brunswick East for Sale By Public Auction on Friday 22nd March at 1pm on site.

Key investment attributes include:

- Strong 10 year lease plus options to highly experienced hospitality operators trading as Maggie’s Snacks & Liquor

- Fixed annual rental increases

- Two shops offered together with dominant street frontage of over 10 metres

- Highly sought, rarely offered inner city land holding of 345sqm*

- Recently completed renovation encompassing a fully activated hospitality premises with multiple seating zones, front bar, commercial kitchen, private function room and courtyard

- Brilliantly located within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne

- Excellent connectivity and exposure with Trams 1 & 6 stopping directly outside the property and 22,000* cars passing by daily

- Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby

- Ideal set and forget inner city investment with future value add potential (stca)

For further information or an inspection, please contact exclusive selling agents, Fitzroys.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Retail
Est. Income
$170,000 p/a
Tenant
Maggie’s Snacks & Liquor
Terms
Strong 10 year lease plus options
Land Area
345 m² (*approx)
Floor Area
261 m² (*approx)
Selling Method
Auction
Auction Date
22 Mar 2024 01:00PM

2. Property Highlights

Unrivalled Inner City Gem With Strong 10 Year Lease To Proven Tenant
  • Absolute Prime Trading Position
  • Renovated Double Fronted Freehold
  • Valuable Land Holding of 345sqm*

Fitzroys, under instructions from Advise Transact, is delighted to present 98-100 Lygon Street, Brunswick East for Sale By Public Auction on Friday 22nd March at 1pm on site.

Key investment attributes include:

- Strong 10 year lease plus options to highly experienced hospitality operators trading as Maggie’s Snacks & Liquor

- Fixed annual rental increases

- Two shops offered together with dominant street frontage of over 10 metres

- Highly sought, rarely offered inner city land holding of 345sqm*

- Recently completed renovation encompassing a fully activated hospitality premises with multiple seating zones, front bar, commercial kitchen, private function room and courtyard

- Brilliantly located within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne

- Excellent connectivity and exposure with Trams 1 & 6 stopping directly outside the property and 22,000* cars passing by daily

- Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby

- Ideal set and forget inner city investment with future value add potential (stca)

For further information or an inspection, please contact exclusive selling agents, Fitzroys.

*approx.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

3. Property Location

98-100 Lygon Street, Brunswick East, VIC, 3057

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