483 Lygon Street Brunswick East VIC 3057
- 838 m²
Multi-Faceted Investment with Future Upside.
> Land area: 510 sqm approx.
> Building area: 838 sqm approx.
> Massive frontage to Lygon Street: 15 metres approx.
> Zoning: Commercial 1
> Three income streams
> Total net rental: $80,000 pa Net
> Ground floor - Whole Foods Pty Ltd - $29,860.80 pa Net
Term: 5 + 5 + 5 years
> First floor - Studio - $31,155 pa Net
Term: 3 years
Options - nil
> Part first floor - Telstra - $19,001.56 pa Net
Term: 10 + 5 + 5 + 5 years
*Note: Rental paid 12 months in advance
Other key attributes includes:
> Excellent natural light to 3 sides
> Access from 3 sides
> Rare inner city investment with long term development potential
Ideally positioned on the western side of Lygon Street, between Stewart and Albion Streets.
It is strategically located close to major arterials, including Moreland Road, Sydney Road and CityLink.
It also enjoys easy access to Allard Park, Roberts Reserve and Northcote Golf Club.
The immediate area has seen significant gentrification with the introduction of several large scale residential developments.
For further details, please contact:
Rory White 0439 655 504
Matt Hoath 0418 543 714
|Auction date and time||26/02/2014 14:00|
|Auction location||Ask Agent|
|Date Sold||27 Feb 2014|
|Floor Area||838 m²|
|Land Area||Ask Agent|
|Last updated||23 Jan 2014|