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PROPERTY DETAILS
  • Auction

    5th Aug at 12:00pm
  • Price

    Contact Agent
  • Property Type

    Retail
  • Building Area

    550m2
  • Car Spaces

    0

Ground Floor/103 Lygon Street, Carlton

CITY FRINGE SUPERMARKET INVESTMENT

AUCTION: Thursday 5 August 2021 at 12pm on-site

Prime IGA Supermarket investment opportunity on Melbourne’s doorstep. This substantial showroom with some 15.5 metres of Lygon Street frontage also includes lower level basement with separate access allowing for future alternate uses and upside.

- Rent: $220,000 per annum
- Building Area: 550sqm
- 5 x 5 x 5 x 5 year lease commenced February 2021
- Annual 4% rental increases

Located on one of Melbourne’s most recognised retail strips, 103 Lygon Street is less than 500m from the Melbourne CBD and within the heart of the Melbourne and RMIT University precinct servicing a plethora of students, residents, tourists and workers.

Please call for further information or to arrange an inspection.

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