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Sold on 23 Jun 2017

103 Lygon Street Carlton VIC 3053

  • Retail
  • 555 m²
  • Sold

Super Prime AAA Retail Investment

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)

Property Highlights

Property ID2013629684
Date Sold23 Jun 2017
Floor Area555 m²
Land AreaAsk Agent
ParkingOn site parking available
Category
Last updated  26 Jul 2017
Map for 103 Lygon Street Carlton VIC 3053
Colliers International (Victoria)
Level 30 367 Collins Street Melbourne VIC 3000

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