1/73 Lygon Street Brunswick East VIC 3057

Shop & Retail
Sold

Prized Inner City Retail Investment | Prominent Corner on Famous Lygon Street

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.
******

AUCTION

Auction date and time	07/12/2022 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	12 Dec 2022
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018211369
Category	Shop & Retail
Last updated	11 Dec 2022

Map for 1/73 Lygon Street Brunswick East VIC 3057

Nearest transport* to 1/73 Lygon Street Brunswick East VIC 3057

Bus

Train

Tram

Lygon St/Brunswick Rd (Brunswick East)	171 m
Lygon St/Brunswick Rd (Brunswick East)	176 m
Ewing St/Brunswick Rd (Brunswick)	372 m
Ewing St/Brunswick Rd (Brunswick)	374 m