The Beast of Brunswick East! Prime Freehold With 10 Year Lease

Fitzroys is delighted to present 78-80 Lygon Street, Brunswick East for Sale By Public Auction on Thursday 5th December at 2pm on site.

Key investment attributes include:

• Secure 10 year lease plus options to highly popular hospitality tenant trading as “The Beast”
• Returning $185,657* per annum plus GST (as at 17/01/2025)
• Fixed annual rental increases
• Two double storey shops on one title with combined building area of 620sqm*
• Commanding street frontage of 12.26 metres*
• Valuable inner city land holding of 373sqm* with access from rear laneway
• High profile building encompassing an expansive hospitality premises with multiple seating zones, bar and commercial kitchen
• Separate street access to first floor comprising bar, dancefloor, live music stage, seating and kitchen
• Pole position within East Brunswick’s renowned food and beverage precinct surrounded by an array of hospitality institutions drawing consistent and loyal patronage from across wider Melbourne
• Excellent connectivity and exposure with Trams 1 & 6 stopping nearby and 22,000* cars passing by daily
• 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)

For further information or an inspection, please contact exclusive selling agents, Chris Kombi and Ervin Niyaz of Fitzroys.

*approx.