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129 Lygon Street Carlton, VIC 3053

Directions

129 Lygon Street,
Carlton, VIC 3053

Shops & Retail • Offices • Other

Price information

Sale

$3,000,000

Lease (excluding outgoings)

$69,000 excluding GST p.a.

Key property information

Land area

Floor area

Tenure type

Outgoings

Lease terms

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$150,000
Number of Tenants
3 Tenants

Private inspections

to arrange a private inspection.

Map of 129 Lygon Street

Directions
  • Train stations within 5 km of 129 Lygon Street, Carlton, VIC 3053Distance
    Melbourne Central Station754 m
    Parliament Station1 km
    Flagstaff Station1.3 km
    7-Flagstaff Railway Station/William St (Melbourne City)1.3 km
    Flinders Street Railway Station1.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 129 Lygon Street, Carlton, VIC 3053Distance
    3-Lincoln Square/Swanston St (Carlton)302 m
    4-Queensberry St/Swanston St (Carlton)310 m
    7-Russell St/la Trobe St (Melbourne City)393 m
    7-RMIT University/Franklin Street490 m
    8-Exhibition St/la Trobe St (Melbourne City)527 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 129 Lygon Street, Carlton, VIC 3053Distance
    Queensberry St/Lygon St (Carlton)70 m
    Argyle Square/Lygon St (Carlton)179 m
    Trades Hall/Lygon St (Carlton)286 m
    Exhibition Building/Rathdowne St (Carlton)304 m
    Grattan St/Lygon St (Carlton)330 m
    POWERED BY HERE ©
POWERED BY HERE ©

Multi-Income Freehold on Iconic Lygon

• Significant heritage freehold with private rear access
• Four individually lettable spaces, each enjoying healthy rental yields
• Nestled on one of Melbourne's most famous and iconic retail/dining strips
A first-class commercial prospect among one of Melbourne's most historic and widely adored retail/dining
strips, this dual-storey freehold offers a combination of business and residential spaces, with the building
cleverly configured to maximise available income. With a 100% occupancy rate and total rent exceeding
$154,000 p.a., 129 Lygon Street comprises:
- A high-exposure commercial shopfront with loading dock, three toilets, and a storeroom
- An expansive upstairs office space with views over Lygon Street, an added lunch room, kitchenette,
laundry facilities, bathroom, and balcony access
- A park-viewing residence with kitchenette, bathroom, and open bedroom/living/dining area
- A second residence with kitchenette, bathroom, open bedroom/living/dining area, and balcony
access
Noteworthy points include:
- Land size: 168sqm approx. with private rear access (rear frontage to Rush Place)
- Commercial 1 Zone (C1Z)
- Heritage Overlay (HO1)
- Four individually lettable spaces, totalling over $154,000 p.a.
- Under 2km to Melbourne's bustling city centre
- Placed among some of Melbourne's most popular cafés, restaurants, bars, and boutiques
- Seconds from the vibrant Argyle Square and Carlton Gardens
- An easy walk to the University of Melbourne and RMIT
For more information, please contact:
Jane Campbell
0411 029 9...
Anthony Elliott
0433 171 7...

Property ID: 504425500Last Updated: 21 Dec 2023

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129 Lygon Street
Carlton, VIC 3053
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