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Sold on 18 Aug 2014

1 Lygon Street Carlton VIC 3053

  • Development / Land
  • 260 m²
  • Sold

Landmark Carlton Corner Freehold

Savills and Burgess Rawson are pleased to offer for sale 1 Lygon Street, Carlton.

This high profile corner freehold property enjoys an unbelievable location on the edge of Melbourne's CBD and provides an opportunity for investors, owner-occupiers and developers.

Key attributes of this outstanding property include:

An attractive three level retail and office building.
Valuable corner land holding of 260 sqm*.
Two street frontages totalling over 32 metres*.
Total building area of 607sqm*.
Fully leased to three tenants.
Total Net Income: $140,000 per annum*.
Exceptional location on the northern edge of the CBD close to Melbourne Central Shopping Centre.
and train station, RMIT, Melbourne University and Lygon Street Retail.
Unprecedented high density development potential.
A very rare opportunity to secure a boutique CBD fringe freehold building.

The opportunity to secure a prime corner retail and office property with significant development potential in such a remarkable location is very rare, and accordingly we encourage prospective purchasers to actively consider this exceptional property.

1 Lygon Street is For Sale by Expressions of Interest Closing Friday 8 August at 2pm.


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Property Highlights

Property ID2011295289
Date Sold18 Aug 2014
Floor Area607 m²
Land Area260 m²
ParkingAsk Agent
Last updated  15 Aug 2016
Map for 1 Lygon Street Carlton VIC 3053
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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