SUBURB PRICE GUIDE

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Retail For Sale or For Lease found in CARLTON, VIC 3053

TROPHY CARLTON INVESTMENT NOT TO BE MISSED

Retail

Cushman and Wakefield’s Sales and Investments team are delighted to offer 240 Lygon Street, Carlton For Sale.
This is an exceptional investment opportunity to secure a prized 'set and forget' commercial investment on the famous Lygon Street food precinct.
The property consists of a two level Victorian terrace style restaurant which is currently leased to long standing tenant 'Piccolo Mondo'.
- Brand new 6 year Lease with a current net passing rental of
$165,267 pa.
- Leased to highly regarded and well established ‘Piccolo Mondo’ who
have occupied the building for up to 40 years.
- Building comprises of 219 sqm, sitting on a generous 254 sqm site
with 2 off-street car spaces at the rear. Seating for over 100 people
split across two levels as well as balcony and undercover alfresco
street dining.
- The property covets a Commercial 1 zoning which has rear access
via Ormond Place providing development opportunity of up to 4
story’s (STCA).
- Located in the heart of the cosmopolitan Lygon Street, often referred to as ‘Little Italy’.
For more information regarding this exciting opportunity please contact the exclusive sales agents Nick Bourke or Tristan Parker from the Cushman & Wakefield Sales & Investments team.

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Price Contact Agent
Building 219m²
Land 254m²
Occupancy Vacant
Property ID 266352

LYGON RETAIL/RESTAURANT OPPORTUNITY

Retail

We are pleased to present 292 Lygon St, Carlton For Lease. This opportunity consists of a two level restaurant/bar with rooftop which boasts city views. The corner property is approximately 234sqm with excellent frontage onto Lygon Street and York Place.
The premises has access to all food and beverage base building requirements, rooftop seating, partially fitted bar and kitchen along with dumb waiter, fully fitted toilets and bench seating.
Located on the east side of Lygon Street and on the corner of York Place, the location benefits from a number of surrounding retail offerings such as Brunetti's at Lygon court, Criniti's on the opposite side of Lygon Street as well as high volume foot traffic from Melbourne University and its proximity to Lygon street restaurant and café precincts.
The area is easily accessible by trams along Swanston Street as well as ample on-street car parking along Faraday and Lygon Streets.
Property Highlights:
High exposure
Corner offering
Liquor license
2 levels + rooftop
Rooftop seating with city views
Food and Beverage ready
For further information or to arrange an inspection
please contact the exclusive leasing agents Cushman & Wakefield.

Read more
Rent Contact Agent
Building 234m²
Property ID 256307

EXCEPTIONAL CARLTON RETAIL

Hotel/Leisure | Offices | Retail

Take advantage of this exceptional ground floor retail space now available for lease in Carlton.
Located on busy Elgin Street, the property is within walking distance to Lygon Street's popular restaurant/cafe precinct and Melbourne University.
Property Features
- 185m2* of ground floor retail space
- Large light-filled shop front
- High exposure signage to the Intersection of Lygon and Elgin Street
- Rear access from Astor Place
Location
- Less than 300 metres from Melbourne University and Tram stop
- Less than 1.5km from the CBD
- Walking distance to Restaurants and cafes
For further information please contact CVA Property Consultants.

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Rent: $59,500 p.a.    Building: 185m²

HIGHLY EXPOSED CORNER CAFE OPPORTUNITY

Retail

• Cutting edge ground floor shop of 70sqm approx.
• Well suited to a hospitality use (stca) with services already in place
• In demand city fringe location
• Opposite pedestrian crossing
• Situated on the corner of Palmerston and Rathdowne Streets
• Excellent natural light throughout with dual street frontage
• Includes disabled toilet
• Attractive lease terms available
• Superbly designed, contemporary mixed use building in a high growth area.

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Rent: Contact Agent    Building: 70m²


BRAND NEW CONTEMPORARY RETAIL OPPORTUNITY

Retail

• Striking retail premises well suited to food and beveridge use (stca)
• Excellent village location within vibrant Rathdowne Street
• Highly exposed shop of 114 sqm approx.
• Includes quality amenities
• Attractive lease terms available
• Positioned on the ground floor of a superbly designed, contemporary mixed use building
• Available now

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Rent: Contact Agent    Building: 114m²

PRIME RETAIL FOOD PREMISES ON LYGON

Retail | Offices

*La Parisienne has outgrown its tenancy, paving the way for
the next success story.
*Building area is 208 sqm split over two levels.
*Beautifully presented double storey shop with a myriad of period style features throughout.
*Rear access via laneway, bathroom with shower and toilet.
*Call Frank Romeo on 0405 703 470 to inspect.

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Rent: $100,000 p.a.    Building: 208m²

UNIQUE RETAIL / OFFICE

Retail | Offices

An amazing opportunity to lease a boutique retail or office premises located just off the heart of Lygon Street in a picturesque laneway style side street.
-Total building area: 80m2
-Ground floor
-Kitchenette
-Amenities with shower
-Heating and cooling

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Rent: Contact agent for details    Building: 80m²

PREMIER CARLTON OPPORTUNITY

Retail | Hotel/Leisure

Located in one of Melbourne's foremost retail and hospitality precincts
Metres from Lygon Street
Area: 130 m² approx.
Most recently retail but previously utilised as a bar / cafe
Excellent established neighbours including DOC, Baker D Chirico and Market Lane Coffee

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Rent: Contact Agent    Building: 130m²

SUBURB PRICE GUIDE

Suburb Summary - Carlton, VIC 3053

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4762 $444 9.33%
Retail $501
Industrial $231
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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