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.
Email enquiry to Gorman Commercial Real Estate
Property ID: 504773296