211 Lygon Street, Carlton, VIC 3053

Retail | Offices | Showrooms

For Sale AUCTION

Auction: Wednesday, May 8, 2:30 PM

  • Property ID: 443194
  • Floor Area: 217m²
  • Land Area: 129m²
  • Occupancy: Vacant
100% Leased Freehold in the Centre of the World Renowned Lygon St Retail Precinct

Under instruction from liquidators Dye & Co. Stonebridge Property Group is pleased to present for sale 211 Lygon Street, Carlton.

The key highlights of the opportunity include:

- The prominent Lygon Street freehold spans 217 sqm*, comprises a AAA+ retail space & separately leased residence.

- Anchoring the ground floor is 'The Acai Company' on a 3 year lease with favourable 4% increases

- The Acai Company is an established Victorian brand with two Metro-Melbourne location.

- Level 1 consists of a 2-bedroom residential apartment, whilst the ground floor boasts a refurbished retail space and benefits from Lygon Street frontage

- Strategically located 250 m* from Melbourne’s famed university precinct providing direct access to 140,000+ students – a major driver of retail trade

- Trophy retail location surrounded by iconic retailers including Brunetti’s, Carlton Wine Room, Woolworths, 400 Gradi and DOC

- Connected retail location just 800 m* from the Melbourne CBD with an abundance of surrounding public transport options including the Swanston Street tram network (250 m*) and Melbourne Central Train Station (1 km*)

- Providing annual income of $60,332 + GST*

211 Lygon Street, Carlton is offered for sale via Public On-site Auction on Wednesday 8th May 2024 at 2:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Sarah Xi ???
0468 320 297

* Approximately

Property Code: 928

Carlton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $231 ---
Retail $5416 $351 6.48%
Offices $6477 $383 5.91%
This is the average advertised price, rent and yield for Carlton, VIC 3053*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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