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157 Lygon Street, Brunswick East, Vic 3057

157 Lygon Street, Brunswick East, Vic 3057

Retail

  • Sold Contact Agent
  • Wed 13-Dec-17

FREEHOLD GREEN GROCER INVESTMENT ON 244SQM* OF UNDERUTILISED LAND

  • OVERSIZED LANDHOLDING OF 244SQM*
  • LEASED TO LONGSTANDING GREEN GROCER
  • HOLDING INCOME OF $45,000 PER ANNUM*

  • Land Area
  • 244.00 m² (approx)
  • Floor Area
  • 160 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Feb 20, 2018

Interested in this property? Contact an Agent today

CBRE - Victoria

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Jing Jun Heng

FREEHOLD GREEN GROCER INVESTMENT ON 244SQM* OF UNDERUTILISED LAND

CBRE Melbourne Strip Retail Investments are pleased to present to the market 157 Lygon Street, Brunswick East, for sale via public on-site auction Wednesday 13th December at 10:30am

We highlight some key features below:

- Leased to longstanding Green Grocer 'Smith & Maloney' providing holding income of $45,000 per annum* with no further options after July 2020

- Set amongst a number of high density residential developments, set to provide a major injection of population in the near future

- Oversized landholding of 244sqm*, with highly accessible rear lane access

- Positioned on an underutilised and flexible allotment, providing the value add potential for future development and/or extension (STCA)

- An exciting freehold opportunity that provides investors, owner occupiers and developers with an unprecedented growth outlook

*Approx

Nic Hage
+61 448 782 594

Rorey James
+61 439 400 081

Jing Jun Heng
+61 411 059 116

157 Lygon Street, Brunswick East, Vic 3057

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