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

Featured Transactions

View all
South Yarra Square, 177 Toorak Road, South Yarra
More
291 CHAPEL STREET, PRAHRAN VIC
More
227 HIGH STREET, ASHBURTON VIC
More
180-182 Glenferrie Road (Cnr Winter Street), Malvern
More
Level 2, 72 River Street, South Yarra
More
67 Chapel Street, Windsor
More
MONTAGUE PRECINCT SOUTH MELBOURNE – TWO PRIME CITY FRINGE OFFERINGS TO TAP PENT UP INVESTOR AND OWNER OCCUPIER DEMAND
More
EMMETTS ARRANGE SALE OF ALL UNITS IN SOUTH YARRA SQUARE TO OREANA PROPERTY GROUP
More
RECORDS SMASHED AS INVESTORS DEFY LOCKDOWN SENTIMENT IN EMMETTS ONLINE AUCTION
More
Close

Email enquiry