129 Lygon Street,
Carlton, VIC 3053
Shops & Retail • Offices • Other
Price information
Sale or Lease
$65,000pa downstairs only -
Key property information
Land area
Floor area
Tenure type
Outgoings
Lease terms
Return
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
Train stations within 5 km of 129 Lygon Street, Carlton, VIC 3053 Distance Melbourne Central Station 754 m Parliament Station 1 km Bell St Brunswick St 1.1 km Elizabeth Stbourke St 1.2 km Flagstaff Station 1.3 km POWERED BY HERE ©Tram stops within 5 km of 129 Lygon Street, Carlton, VIC 3053 Distance 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 Street 490 m 12-Melbourne Museum/Nicholson St (Fitzroy) 491 m POWERED BY HERE ©Bus stops within 5 km of 129 Lygon Street, Carlton, VIC 3053 Distance 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) 302 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...
• 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: 8 Apr 2024
129 Lygon Street
Carlton, VIC 3053
Frank Dowling Real Estate - Essendon1047 Mt. Alexander Rd.
ESSENDON, VIC 3040
ESSENDON, VIC 3040
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