78-80 Lygon Street,
Brunswick East, VIC 3057
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Fitzroys - Melbourne
Level 27, 360 Collins StreetMELBOURNE, VIC 3000
78-80 Lygon Street
Brunswick East, VIC 3057
Map of 78-80 Lygon Street
High Profile Freehold With 10 Year Lease To Iconic Tenant "The Beast"
- Superb Double Fronted Building
- Absolute Prime Trading Position
- Valuable Land Holding of 373sqm*
SOLD PRIOR TO AUCTION!
Fitzroys is delighted to present 78-80 Lygon Street, Brunswick East for Sale By Public Auction on Thursday 5th December at 2pm on site.
Key investment attributes include:
• Secure 10 year lease plus options to highly popular hospitality tenant trading as “The Beast”
• Two double storey shops on one title with combined building area of 620sqm*
• Commanding street frontage of 12.26 metres*
• Valuable inner city land holding of 373sqm* with access from rear laneway
• High profile building encompassing an expansive hospitality premises with multiple seating zones, bar and commercial kitchen
• Separate street access to first floor comprising bar, dancefloor, live music stage, seating and kitchen
• Pole position within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne
• Excellent connectivity and exposure with Trams 1 & 6 stopping nearby and 22,000* cars passing by daily
• Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
• Ideal set and forget inner city investment with future value add potential (stca)
*approx.
Fitzroys is delighted to present 78-80 Lygon Street, Brunswick East for Sale By Public Auction on Thursday 5th December at 2pm on site.
Key investment attributes include:
• Secure 10 year lease plus options to highly popular hospitality tenant trading as “The Beast”
• Two double storey shops on one title with combined building area of 620sqm*
• Commanding street frontage of 12.26 metres*
• Valuable inner city land holding of 373sqm* with access from rear laneway
• High profile building encompassing an expansive hospitality premises with multiple seating zones, bar and commercial kitchen
• Separate street access to first floor comprising bar, dancefloor, live music stage, seating and kitchen
• Pole position within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne
• Excellent connectivity and exposure with Trams 1 & 6 stopping nearby and 22,000* cars passing by daily
• Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
• Ideal set and forget inner city investment with future value add potential (stca)
*approx.
Brunswick East, 3057 demographic data
The median household income for Brunswick East is $2,088, 10% higher than Greater Melbourne's household income of $1,901. Brunswick East has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 58% of property owners in Brunswick East have a mortgage.
13,279
Population
$2,088 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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483 - 485 Lygon Street,Brunswick East, VIC 3057 840 m²Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail