92 Lygon Street,
Brunswick East, VIC 3057
Shops & Retail • Development Sites & Land • Offices
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Vision Real Estate Pty Ltd - Fitzroy
7 Smith StreetFITZROY, VIC 3065
92 Lygon Street
Brunswick East, VIC 3057
Map of 92 Lygon Street
Prized Corner Freehold With Upside
- Absolute Prime Retail Position
- Strong Value Add Potential (stca)
- Returning $101,560 Per Annum
- Over 28 metres of highly exposed frontage to Lygon and Weston Streets
- Well configured land area of 183sqm*
- Two storey building of 230sqm* comprising ground floor shop, first floor apartment and detached storeroom
- Multiple income streams with combined return of $101,560* per annum plus GST
- Flexible lease profile to Pharmacy and residence
- Genuine value add / further development potential (stca)
- Approved permit in place for additional retail and offices fronting Lygon Street
- Highly sought after central position on one of the most prominent corners of Brunswick East
- Thriving and popular hospitality and lifestyle precinct only 4km* north of the CBD
- Surrounded by some of Melbourne’s most popular restaurants including 400 Gradi, Zia Teresa, Rumi, Teta Mona and Mama Manoush
- Opposite Tram stop and in walking distance to bus services operating along Brunswick Road
- Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
- Versatile opportunity suited to investors, future occupiers and developers (stca)
*Approx.
- Well configured land area of 183sqm*
- Two storey building of 230sqm* comprising ground floor shop, first floor apartment and detached storeroom
- Multiple income streams with combined return of $101,560* per annum plus GST
- Flexible lease profile to Pharmacy and residence
- Genuine value add / further development potential (stca)
- Approved permit in place for additional retail and offices fronting Lygon Street
- Highly sought after central position on one of the most prominent corners of Brunswick East
- Thriving and popular hospitality and lifestyle precinct only 4km* north of the CBD
- Surrounded by some of Melbourne’s most popular restaurants including 400 Gradi, Zia Teresa, Rumi, Teta Mona and Mama Manoush
- Opposite Tram stop and in walking distance to bus services operating along Brunswick Road
- Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
- Versatile opportunity suited to investors, future occupiers and developers (stca)
*Approx.
Additional information
Documents
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
Vision Real Estate Pty Ltd - Fitzroy 7 Smith Street
FITZROY, VIC 3065
FITZROY, VIC 3065
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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