Colliers International is pleased to present a rare opportunity to acquire IGA, 103 Lygon Street, Carlton with the following key attributes:
• A super prime retail asset in Melbourne’s University Precinct
• Centrally positioned in the heart of Melbourne’s best retail streets
• Within close proximity to lifestyle amenities including Queen Victoria Market, Carlton Gardens, State Library of Victoria, RMIT University and University of Melbourne
• Well-serviced by public transport facilities that include Melbourne Central Station and Swanston Street trams
• Substantial Retail space of 555m²* allowing for future subdivision (STCA)
• Securely leased to National Supermarket – IGA, with over 1,400 stores Australia wide
• Net income of approximately $218,400* per annum plus GST and outgoings
• Long lease of five (5) years with four (4) further terms of five (5) years
• 4% Fixed annual increases
*Approx.
To arrange an inspection or for more information please contact the exclusive selling agents
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Jackie Hanna +61 421 949 903
This property is proudly marketed by the Melbourne City Sales team (MCS)