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


Investment | Retail

Colliers International is pleased to present a rare opportunity to acquire IGA, 103 Lygon Street, Carlton with the following key attributes:
- A super prime retail asset in Melbourne's University Precinct
- Centrally positioned in the heart of Melbourne's best retail streets
- Within close proximity to lifestyle amenities including Queen Victoria Market, Carlton Gardens, State Library of Victoria, RMIT University and University of Melbourne
- Well-serviced by public transport facilities that include Melbourne Central Station and Swanston Street trams
- Substantial Retail space of 555msqr* allowing for future subdivision (STCA)
- Securely leased to National Supermarket - IGA, with over 1,400 stores Australia wide
- Net income of approximately $218,400* per annum plus GST and outgoings
- Long lease of five (5) years with four (4) further terms of five (5) years
- 4% Fixed annual increases
*Approximate value.
For Sale by Tender closing Tuesday 20th June at 12pm.
To arrange an inspection or for more information please contact the exclusive selling agents.
Oliver Hay +61 419 528 540
Daniel Wolman +61 412 957 839
Jackie Hanna +61 421 949 903

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Price Contact Agent
Building 555m²
Occupancy Tenanted
Property ID 259118



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 cafe 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 and Wakefield.

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Rent Contact Agent
Building 234m²
Property ID 256307


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
-Amenities with shower
-Heating and cooling

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Rent: Contact agent for details    Building: 80m²



• 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


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


Retail | Showrooms | Offices

Brand new ground floor retail / showroom / office
Prominent 11 metre frontage to Nicholson Street
Area: 228 m² approx.
On site car parking
Outstanding opportunity to create your ideal fitout
Fantastic public transport including tram.

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Rent: Contact Agent    Building: 228m²


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 streets Restaurant precinct and Melbourne University. The inviting light filled shopfront leads through to additional shop space and rear access from Astor Place.
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
- Less than 300 metres from Melbourne University and Tram stop
- Less than 1.5km from the CBD
- Walking distance to Restaurants and cafes

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Rent: $59,500 p.a.    Building: 185m²


Retail | Hotel/Leisure | Offices

This well positioned property is situated between Grattan and Faraday Streets in the heart of the renowned Carlton food and retail precinct.
- Building area 180m2*
- Double storey building
- Suitable for a variety uses including food and retail (stca)
- Zoned Commercial 1
Meld your talent and flair with this popular location to create an enviable business.
* Approx.

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Rent: Contact Agent    Building: 180m²


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 $433 9.09%
Retail $506
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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