185-187 Lygon St Carlton, VIC 3053
Rear access via Lygon Terrace with on-site car parking
Commercial 1 Zoning
Tenanted Investment Details
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