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169 Lygon Street
Brunswick VIC 3056
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Sold on 18 Jun 2020

169 Lygon Street Brunswick VIC 3056

  • Shop & Retail
  • 120 m²
  • Sold

STRONG BRUNSWICK INVESTMENT WITH TWO INCOME STREAMS

    Vision Real Estate has the pleasure in offering this magnificent property with a long standing commercial tenant that has recently renewed its lease until the 30th September 2024.

    Invest now and develop later in the rapidly growing Lygon St precinct.

    *Land area- 219 sqm approx

    *Extra Wide Single Fronted Building

    *To Be Sold With Two Tenancies:

    Tenant 1- retail cafe with a lease until September 2024, returning $40,169
    pa, net, plus GST

    Tenant 2- Residential tenant in 1 bedroom apartment since 2007 returning
    $15,682 pa.

    Total annual income stream- $55,851 plus GST

    *Rear R.O.W

    For further information on this excellent investment opportunity please contact Frank Romeo on 0405 703 470.

    Property Highlights

    Date Sold18 Jun 2020
    Floor Area120 m²
    Land Area223 m²
    ParkingAsk Agent
    Property ID2016321199
    Category
    Last updated  12 Feb 2021
    Map for 169 Lygon Street Brunswick VIC 3056

    Property Highlights

    Date Sold18 Jun 2020
    Floor Area120 m²
    Land Area223 m²
    ParkingAsk Agent
    Property ID2016321199
    Category
    Last updated  12 Feb 2021

    Listed by

    Frank Romeo
    Vision Real Estate Pty Ltd
    Call
    0405 703 470

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