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120 Lygon Street
Carlton VIC 3053
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Sold on 25 Jun 2016

120 Lygon Street Carlton VIC 3053

  • Shop & Retail
  • 122 m²
  • Sold, $2,580,000

Prime Lygon Street Investment

AAA investment opportunity offering one of Lygon Street's most established restaurants. Lygon Charcoal Grill & Steakhouse is a successful steak house restaurant operating for more than 24 years in Melbourne's world renowned Lygon Street restaurant precinct.

The property is approximately 307m2* and comprises main dining area, function room, fully equipped kitchen, undercover alfresco seating on Lygon Street, a convenient one bedroom apartment on the third level and rear car park.

- Lessee: Lygon Steakhouse Pty Ltd

- Term: New 10+5+5+5 year lease

- Commencement date: 1st July 2016

- Rental $95,000 per annum + outgoings

- Reviews: Annual CPI

- Six month bond

For comprehensive Information Memoandum and inspection contact Charles Cini 0411423389

*approx

Property Highlights

Date Sold25 Jun 2016
Sold Price$2,580,000
Floor AreaAsk Agent
Land Area122 m²
ParkingAsk Agent
Property ID2012604703
Category
Last updated  28 Jun 2016
Map for 120 Lygon Street Carlton VIC 3053

Property Highlights

Date Sold25 Jun 2016
Sold Price$2,580,000
Floor AreaAsk Agent
Land Area122 m²
ParkingAsk Agent
Property ID2012604703
Category
Last updated  28 Jun 2016
18-20 Russell Street Melbourne VIC 3000

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