522 Lygon Street,
Brunswick East, VIC 3057
Shops & Retail • Warehouse, Factory & Industrial
Price information
Sold
$925,000
Key property information
Land area
Floor area
Car spaces
Tenure type
Sold on
Map of 522 Lygon Street
SOLD BY LEO 0408 365 860
Leo Kikyris & Steve Kikyris of Jason Commercial are pleased to offer for sale to the public market: 522 Lygon Street, Brunswick East.
SECURE COMMERCIAL INVESTMENT OFFERED WITH AN EXCELLENT RENT RETURN!
This is your opportunity to secure this retail front with dual street frontage to Lygon Street and Eddy Street. Currently occupied by the popular local REWINE Wine Bar & Wholesaler this property provides you with a golden opportunity to enter the market with an established tenant with a licenced venue wine bar and retailing liquor/associated stock.
Secure the rental income now and potentially plan to occupy or develop this space in the future. Current rental income received is $55,000 per annum net, with tenants paying all outgoings/rates.
The front of the property provides a great front of house fit-out with an appreciable emphasis on the bar/point of sale lined with the many rows of wooden wine-filled casks and decorative features. There is plenty of patron seating available and retailing area too.
The rear of the premises allows for plenty of room to move around when receiving deliveries and semi-trailer drop-offs to the storage area. This is a HUGE bonus to the operators who have PLENTY OF ROOM TO MOVE via the rear Eddy Street access point.
Property includes solar panels with capacity of 5.5KW, 3-phase power, gas ready, a recently refurbished roof and new box gutters. The venue currently holds an approved liquor license to serve alcohol with patron capacity limit of 30.
All enquiries must include full first name & surname, mobile number and email address.
For a detailed discussion regarding your future purchase plans and for further information regarding this property, please feel free to contact below agent/s.
Leo Kikyris
0408 365 8...
leo@jasonrealestate.com.au
Steve Kikyris
0438 143 3...
steve@jasonrealestate.com.au
SECURE COMMERCIAL INVESTMENT OFFERED WITH AN EXCELLENT RENT RETURN!
This is your opportunity to secure this retail front with dual street frontage to Lygon Street and Eddy Street. Currently occupied by the popular local REWINE Wine Bar & Wholesaler this property provides you with a golden opportunity to enter the market with an established tenant with a licenced venue wine bar and retailing liquor/associated stock.
Secure the rental income now and potentially plan to occupy or develop this space in the future. Current rental income received is $55,000 per annum net, with tenants paying all outgoings/rates.
The front of the property provides a great front of house fit-out with an appreciable emphasis on the bar/point of sale lined with the many rows of wooden wine-filled casks and decorative features. There is plenty of patron seating available and retailing area too.
The rear of the premises allows for plenty of room to move around when receiving deliveries and semi-trailer drop-offs to the storage area. This is a HUGE bonus to the operators who have PLENTY OF ROOM TO MOVE via the rear Eddy Street access point.
Property includes solar panels with capacity of 5.5KW, 3-phase power, gas ready, a recently refurbished roof and new box gutters. The venue currently holds an approved liquor license to serve alcohol with patron capacity limit of 30.
All enquiries must include full first name & surname, mobile number and email address.
For a detailed discussion regarding your future purchase plans and for further information regarding this property, please feel free to contact below agent/s.
Leo Kikyris
0408 365 8...
leo@jasonrealestate.com.au
Steve Kikyris
0438 143 3...
steve@jasonrealestate.com.au
Property ID: 504453588Last Updated: 3 May 2024
522 Lygon Street
Brunswick East, VIC 3057
Jason Real Estate - Commercial201C Melrose Drive
TULLAMARINE, VIC 3043
TULLAMARINE, VIC 3043
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