1/73 Lygon Street,
Brunswick East, VIC 3057
Shops & Retail
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Premier Commercial Pty Ltd
345 MORAY STSOUTH MELBOURNE, VIC 3205
1/73 Lygon Street
Brunswick East, VIC 3057
Map of 1/73 Lygon Street
Prized Inner City Retail Investment | Prominent Corner on Famous Lygon Street
- Renewed 3 Year Lease to Proven Operator
- Tenant pays all usual outgoings
- Strategic Corner Location
Burgess Rawson is pleased to offer to the market this prized corner investment on a renewed lease for sale via Investment Portfolio Auction 157.
This investment has the following key investment highlights:
+Renewed 3-year lease to December 2025 plus options to 2031.
+Attractive net lease with tenant paying all usual outgoings as per the lease agreement.
+Single tenant, minimum management investment.
+Annual rent reviews.
+Secure car park on-title.
+Strategically located on Lygon Street supported by high density multi-level apartments.
+Lygon Street: major metropolitan arterial with 22,000 vehicles passing daily.**
+Brunswick: in demand, city fringe growth suburb with the median house price up 21% since January 2021 and only 3.5km from Melbourne CBD.***
+Net Income: $45,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 7 December 2022
Crown Casino - River Room
*approx.
**Gap Maps.
***Realestate.com.au
This investment has the following key investment highlights:
+Renewed 3-year lease to December 2025 plus options to 2031.
+Attractive net lease with tenant paying all usual outgoings as per the lease agreement.
+Single tenant, minimum management investment.
+Annual rent reviews.
+Secure car park on-title.
+Strategically located on Lygon Street supported by high density multi-level apartments.
+Lygon Street: major metropolitan arterial with 22,000 vehicles passing daily.**
+Brunswick: in demand, city fringe growth suburb with the median house price up 21% since January 2021 and only 3.5km from Melbourne CBD.***
+Net Income: $45,000 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 7 December 2022
Crown Casino - River Room
*approx.
**Gap Maps.
***Realestate.com.au
Property ID: 504207984Last Updated: 7 Feb 2024
Premier Commercial Pty Ltd345 MORAY ST
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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