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EMMETTS REAL ESTATE - MELBOURNE
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185-187 Lygon St Carlton, VIC 3053

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For Sale - Expression of Interest

185-187 Lygon St Carlton, VIC 3053

Shop & Retail • Hotel & Leisure • Development Sites & Land
Sale Price

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Land area

560.0m²

Floor area

480.0m²

Car spaces

6

Parking info

Rear access via Lygon Terrace with on-site car parking

Property extent

Whole

Zoning

Commercial 1 Zoning

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$203,615
Number of Tenants
1 Tenant
Tenants / Type
Cafe Cavallino

LYGON STREET FREEHOLD OPPORTUNITY

  • INVEST, OCCUPY, VALUE-ADD DEVELOP
  • MAJOR WORLD CLASS GROWTH PRECINCT
  • SUITS MULTIPLE USES (STPA)

Emmetts Real Estate is pleased to present the opportunity to acquire two adjoining retail properties at 185-187 Lygon Street, Carlton with the following attributes:

— Exceptional location along one of Melbourne’s most coveted retail strips.

— Benefiting from a strong and diverse trade catchment including young professionals, students and families.

— Additional strong professional and leisure tourism trade.

— Close proximity to world-class Education and Health Precinct driving significant economic activity.

— Melbourne Metro project adding significantly to accessibility from across Melbourne with new Parkville Station due for completion in 2025.

— Proximity to major tourist drawcards including Royal Exhibition Building and the Melbourne Museum.

— The certificate of title is comprised of two separate lots (for ease of subdivision) and has a total land area of 560 sq m approx.

— Significant frontage to Lyon Street of 15 metres approx.

— Wide rear access via Lygon Terrace with on site car parking.

— Leased to Café Cavallino for $203,000 plus outgoings plus GST approx. (as at 1 January 2019) with Lease expiring December 2019. No further terms.

— Invest, occupy, repurpose, value-add, redevelop (STPA).

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 6TH DECEMBER 2018 3PM

For further details including the IM and floor plans, please contact the exclusive sales and marketing agents Emmetts Real Estate.

Property ID: 503024546Last Updated: 6 Dec 2018

EMMETTS REAL ESTATE - MELBOURNE
185-187 Lygon St
Carlton, VIC 3053
Andrew Milligan
Charles Emmett

EMMETTS REAL ESTATE - MELBOURNE

Level 7, 24 Collins Street
MELBOURNE, VIC 3000

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EMMETTS REAL ESTATE - MELBOURNE

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EMMETTS REAL ESTATE - MELBOURNE

Level 7, 24 Collins Street
MELBOURNE, VIC 3000
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Andrew Milligan

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Andrew Milligan
EMMETTS REAL ESTATE - MELBOURNE
185-187 Lygon St Carlton, VIC 3053

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

Kind Regards,

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