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Fitzroys - Melbourne

448 - 450 Lygon Street Brunswick East, VIC 3057

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448 - 450 Lygon Street
Brunswick East, VIC 3057

Shop & Retail

Price information

Sale

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Land area

363.0m²

Floor area

240.0m²

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$51,000
Fitzroys - Melbourne
448 - 450 Lygon Street
Brunswick East, VIC 3057
David Bourke
Jordan Ceppi
Ervin Niyaz

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000

Map of 448 - 450 Lygon Street

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Put Your Stamp On This Corner!

  • Permit Approved For 5 Levels
  • Combined Frontage of 51 Metres*
  • Flexible Lease Returning $51,000 pa
Fitzroys are delighted to offer a versatile inner-city freehold with upside for sale

Key features:

- Commanding corner of 363sqm* with three street frontages.
- Significant development potential with permits approved for 5 storey development.
- Flexible lease profile returning $51,000 pa net.
- Located in emerging mixed-use precinct surrounded by successful operators including Dan Murphy’s, Hellenic Republic, Padre Coffee, Organic Wholefoods Brunswick, Golden Pizza, McDonald’s and Health Save Pharmacy.
- Evolving location surrounded by a number of developments in various stages of planning and completion.
- Access to efficient transportation linkages to the City with trams running along Lygon Street and Anstey train station nearby.
- Exceptional opportunity to invest in on of Melbourne’s most dynamic inner-city suburbs.
- 10% Deposit, Balance 60/90 days.


*approx.

Additional information

Documents

Property ID: 503371330Last Updated: 10 Dec 2019

Agency contacts

Fitzroys - Melbourne

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Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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David Bourke

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David Bourke
Fitzroys - Melbourne
448 - 450 Lygon Street Brunswick East, VIC 3057

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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