11/380 Lygon Street, Brunswick East VIC 3057
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1
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63 sqm / approx
Wellness Investment with Fixed 4.5% Increases
The 63sqm* premises has approximately seven metres of glass frontage to Lygon Street and one car space on title. Its frontage and flexible layout have previously been marketed as suitable for a range of retail, office and consulting uses, adding to the property’s longer-term appeal.
Investment highlights:
> Rental income of $28,108.72 per annum + GST*
> 4.5% fixed annual rent increases
> Three-year lease commencing 25 March 2026, plus one further three-year option
> Tenant pays 100% of outgoings^
> 63sqm premises* with approximately 7m glass frontage*
> One car space on title
> Positioned directly in front of the tram stop servicing Routes 1 and 6, the shop benefits from excellent accessibility and passing foot traffic, complemented by ample surrounding street parking.
With its manageable size, established income and scheduled rent growth, the property will appeal to private investors and SMSF buyers seeking a commercial holding in an established retail precinct.
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial
*approx.
^excl Land Tax