514 & 516 Lygon Street, Brunswick East, Vic 3057

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Retail
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Published on: 24 Jan 2025
Last updated on: 24 Jan 2025
514 & 516 Lygon Street, Brunswick East, Vic 3057
514 & 516 Lygon Street, Brunswick East, Vic 3057
514 & 516 Lygon Street, Brunswick East, Vic 3057
+20
514 & 516 Lygon Street, Brunswick East, Vic 3057
  • 20
Property ID: 504773296
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Key property information

Land Size
322.00 m2
Tenure Type
tenanted

TWO ENTRY LEVEL FREEHOLDS IN SOUGHT AFTER LOCATION | BUY ONE OR BUY BOTH

514 & 516 Lygon Street, Brunswick East, Vic 3057
Gorman Commercial is pleased to offer for sale 514 & 516 Lygon Street, Brunswick via two public auctions on Thursday 27th February 2025 at 12pm on-site. 

Being offered for the first time in 70 years, these two retail properties, available separately or together are the perfect entry level investment opportunity, with short-term income and potential to occupy, invest, develop or value add.  

Key property features: 

* Buy one or buy both
* Land areas: 160sqm & 162sqm (Combined Land area: 322 sqm*)
* Two street frontages, with rear access via Eddy Street
* Short-term combined income of $49,560 per annum
* Two freehold properties on separate titles
* Each property benefits from rear roller shutter door access and on-site parking

Only 5 kilometres from the CBD, the properties are perfectly positioned at the top of Lygon Street within this ever gentrifying location.

With Sydney Road to the west and Nicholson Street to the east the surrounding location is home to an abundance of popular retailers and hospitality venues.

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
322.00 m2
Address
514 & 516 Lygon Street, Brunswick East, Vic 3057
Jonathon McCormack
Jonathon McCormack
L1 /415 Riversdale Road, Hawthorn East, Vic 3123
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Jonathon McCormack
Jonathon McCormack
L1 /415 Riversdale Road, Hawthorn East, Vic 3123
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      Property ID: 504773296

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