Verduci Commercial, in conjunction with Untitled Property, are delighted to present 293 Lygon St Brunswick East for sale by Auction. This fantastic retail investment is located in the heart of the vibrant and fast evolving lifestyle precinct of Brunswick East, and is surrounded by a vast number of established local business and numerous new residential apartment developments. Comprising a renovated, single level retail shop and boasting a 6.5m frontage to Lygon St, this securely leased commercial investment is occupied by a long term tenant, trading as Mr Wilkinson (licensed bar). This is an outstanding commercial investment opportunity in this popular and highly sought after city fringe location. Key Property Features * Land Size 232 sqm (Approx) * Building Area 220 sqm (Approx) * Commercial 1 Zoning * Versatile and Highly Desirable 6.5m Frontage to Lygon St * Rear Access via ROW * Secure Long Term Lease to Established Tenant Expiring on 28 Feb 2029 * Annual Fixed 5% Rent Reviews * Rental of $84850 pa plus GST and Outgoings (as at 1 March 2025) * Fantastic East Brunswick Location This is truly an outstanding opportunity to secure a prime commercial freehold in this vibrant and rapidly evolving city fringe location and boasting strong rental income from an established and well known local business. For all property enquiries, to arrange your private inspection or to request copies of sale documents for the property, please contact exlusive selling agents, Peter Smyth or Simon Verduci. Contact Peter Smyth 0418 337 985 Simon Verduci 0419 993 330
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Immobilie ID: 504701764