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169 Lygon Street
BRUNSWICK EAST, VIC 3057

Property Type
Retail
Building Area
150m2
Land Area
223m2

Central Inner City Shop & Dwelling

Fitzroys is pleased to offer for sale a sought-after freehold investment located within the rapidly developing hospitality precinct of Lygon Street Brunswick East.

Key investments attributes include:

•  Land Area of 223sqm* with excellent rear access via Christopher Lane
•  Well configured building comprising shop and dwelling with separate access to each tenancy plus car space
•  New 5 + 5 + 5 year lease to La Candelaria, a popular Colombian inspired eatery
•  Returning $59,850* per annum plus outgoings and GST
•  Within buzzing hospitality and lifestyle precinct only 4km* North of the CBD
•  Surrounded by some of Melbourne’s most popular restaurants including Mama Manoush, Kumo, 400 Gradi, Zia Teresa, Rumi and Teta Mona
•  Excellent transport amenities at doorstep with the number 1 and 6 trams operating along Lygon Street – both leading to the CBD and to first class education facilities
•  Surging location with various residential towers in immediate proximity with the commercial precinct set to further benefit from planned high density residential development nearby
•  Ideal set and forget inner city investment with future value add potential (stca)

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Ervin Niyaz

M: 0404 808 327
E: niyaze@fitzroys.com.au

Property Type
Retail
Building Area
150m2
Land Area
223m2