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220-228 Lygon Street Carlton VIC 3053

  • Hotel / Leisure
  • 1,610 m²
  • For Sale, EOI Closed - Offers Under Review

Lygon Lodge Serviced Apartment Building Freehold and Business

  • Classic Carlton Hotel Freehold
  • Significant Value Add Potential
  • Invest, Occupy or Redevelop

Savills are delighted to offer for sale this iconic Carlton hotel, which is ideally positioned to capitalise on what is truly one of Melbournes lifestyle destinations. Having been owned and operated by the same family for over 25 years, this freehold and business represents the perfect opportunity to invest in heritage filled Lygon Street.

The key attributes of this outstanding asset include:
- Classic, family operated hotel comprising 60 guest rooms
- 2 large licenced ground floot restaurants in central Lygon Street
- Extensive 20m* Lygon Street frontage in the heart of Lygon Streets world-renowned retail precinct
- Substantial 1,019sq m* landholding in favourable Commercial 1 Zone
- Hotel offered with vacant possession flexibility for operators, investors or developers
- Perfectly located a mere 500m* north of Melbourne Central, with the University and Medical Precinct also in immediate proximity

EOI Closed - Offers Under Review

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Rob Williamson - 0412 803 482

Property Highlights

Property ID2015329910
Floor Area1,610 m²
Land Area1,019 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 Jul 2019
Map for 220-228 Lygon Street Carlton VIC 3053
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

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