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

Andrew Milligan
+61 421 559 992
Charles Emmett
+61 402 358 069

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