LYGON STREET CARLTON RESTAURANT FREEHOLD

INVESTMENT WITH DEVELOPMENT POTENTIAL – SOLD

Emmetts completed the sale of a prime freehold investment in Carlton’s famous Lygon Street.

 A 5-week public marketing campaign culminating in a competitive Expression of Interest process.

Retail Investment, Development Sites, Investment Services

The Property:

Situated within Carlton’s famous Lygon Street retail strip close to Melbourne’s CBD and within close proximity to a number of Melbourne’s major economic activity drivers, including the University and Health Precincts.  The property is set to benefit from a range of infrastructure and investment initiatives including the Melbourne Metro project.

Investment considerations included:

+ Significant landholding 560 sq m*

+ Wide 15 metre* frontage with rear access.

+ Classic two-storey Victorian restaurant building of 480 sq m*

+ Short term lease providing opportunity for investors, owner occupiers and developers

+ Close proximity to world-class university and health precinct, Melbourne Museum and moments from CBD.

* denotes approx.

For further information on this sale, contact the agents.

 

 

Call Us

Charles Emmett
+61 402 358 069

Featured Transactions

View all
243 Smith Street, Fitzory
More
189 Toorak Road South Yarra
More
17 / 3 Westside Avenue, Port Melbourne
More
55 Sunshine Avenue, St Albans
More
311-313 Clarendon Street & 187 Bank Street, South Melbourne
More
595 Malvern Road, Toorak
More
NATIONAL MAKEUP BRAND’S FLAGSHIP STORE ARRIVES IN ALBERT PARK
More
ICONIC CHOCOLATIER LEASES IN PRIME TRADING SECTION
More
PRIME SOUTH YARRA RETAIL FREEHOLD INVESTMENT SOLD IN OFF-MARKET DEAL
More
Close

Email enquiry