92 Lygon, Brunswick East

Retail

PRIZED CORNER FREEHOLD WITH UPSIDE
• Absolute Prime Retail Position
• Strong Value Add Potential (stca)
• Returning $101,560 Per Annum

- Over 28 metres of highly exposed frontage to Lygon and Weston Streets
- Well configured land area of 183sqm*
- Two storey building of 230sqm* comprising ground floor shop, first floor apartment and detached storeroom
- Multiple income streams with combined return of $101,560* per annum plus GST
- Flexible lease profile to Pharmacy and residence
- Genuine value add / further development potential (stca)
- Approved Planning Permit in place for additional retail and office fronting Lygon Street
- Highly sought after central position on one of the most prominent corners of Brunswick East
- Thriving and popular hospitality and lifestyle precinct only 4km* north of the CBD
- Surrounded by some of Melbourne's most popular restaurants including 400 Gradi, Zia Teresa, Rumi, Teta Mona and Mama Manoush
- Opposite Tram stop and in walking distance to bus services operating along Brunswick Road
- Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
- Versatile opportunity suited to investors, future occupiers and developers (stca)


For further information contact Frank Romeo on 0405 703 470

*approx
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