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157 Lygon Street
Brunswick East VIC 3057
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Sold on 13 Dec 2017

157 Lygon Street Brunswick East VIC 3057

  • Shop & Retail
  • 160 m²
  • Sold

FREEHOLD GREEN GROCER INVESTMENT ON 244SQM* OF UNDERUTILISED LAND

    CBRE Melbourne Strip Retail Investments are pleased to present to the market 157 Lygon Street, Brunswick East, for sale via public on-site auction Wednesday 13th December at 10:30am

    We highlight some key features below:

    - Leased to longstanding Green Grocer 'Smith & Maloney' providing holding income of $45,000 per annum* with no further options after July 2020

    - Set amongst a number of high density residential developments, set to provide a major injection of population in the near future

    - Oversized landholding of 244sqm*, with highly accessible rear lane access

    - Positioned on an underutilised and flexible allotment, providing the value add potential for future development and/or extension (STCA)

    - An exciting freehold opportunity that provides investors, owner occupiers and developers with an unprecedented growth outlook

    *Approx

    Nic Hage
    +61 448 782 594

    Rorey James
    +61 439 400 081

    Jing Jun Heng
    +61 411 059 116

    Property Highlights

    Date Sold13 Dec 2017
    Floor Area160 m²
    Land Area244 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231534
    Category
    Last updated  3 Sep 2021
    Map for 157 Lygon Street Brunswick East VIC 3057

    Property Highlights

    Date Sold13 Dec 2017
    Floor Area160 m²
    Land Area244 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231534
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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