Woodards is delighted to offer 1/394 Lygon Street, Brunswick East for sale by Private Sale.
• Affordable CBD Fringe Investment
• Approx 6.9% return
• 3 + 3 Year Lease with 4% Annual Increases
• Rapidly Developing Precinct
• $21,286.51 Rent Per Annum
The key attributes of this exceptional opportunity include:
- Highly sought after location along the rapidly developing lifestyle and restaurant/entertainment precinct of Lygon Street, Brunswick East;
- Modern floor plate of 46sqm (approx.);
- Flexible 2 level shopfront with secure parking (1 car space on title) & disabled toilet;
- 3-year lease commenced September 2021 + 3 year lease option;
- 4% fixed rent increases + annual growth;
- Tenant pays usual outgoings in accordance with the Lease;
- Kotan Classical Acupuncture is a renowned and established local business;
- Excellent transport amenities nearby with the number 1 and 6 Trams operating along Lygon Street, both leading to the CBD and first class education facilities;
- Surrounded by mixed use development
- Only 6kms (approx.) north of the Melbourne CBD.
1/394 Lygon Street, Brunswick East presents an outstanding opportunity to acquire a highly sought-after thriving investment located in the popular lifestyle precinct of Lygon Street, Brunswick East.
