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514 & 516 Lygon Street, Brunswick East, VIC, 3057

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Properties / Buy / Victoria / Brunswick East

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

322 m² (*approx)

Floor Area

160 - 322 m² (*approx)

Property Type

Retail

Est. Income

$49,560 p/a

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2. Property Highlights

TWO ENTRY LEVEL FREEHOLDS IN SOUGHT AFTER LOCATION | BUY ONE OR BUY BOTH

Buy one or buy both
First time offered in 70 years
Occupy, Invest, Develop or Value Add

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.

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail

Est. Income

$49,560 p/a

Land Area

322 m² (*approx)

Floor Area

160 - 322 m² (*approx)

Selling Method

Auction

Auction Date

27 Feb 2025 12:00PM

Add to calendar

Selling Details

Contact Agent

2. Property Highlights

TWO ENTRY LEVEL FREEHOLDS IN SOUGHT AFTER LOCATION | BUY ONE OR BUY BOTH

Buy one or buy both
First time offered in 70 years
Occupy, Invest, Develop or Value Add

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.

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.

Remember to mention you found this property on CommercialReady

Tenanted Investment