Unit S7, 570 Lygon Street, Carlton, VIC 3053

Medical | Offices | Retail

Leased $3,100,000

  • Property ID: 308324
  • Floor Area: 850m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 14/12/2018 850m2 N/A $150,000
Huge Versatile Ground Floor Space with Great Exposure!

A rare opportunity to secure a spacious commercial premise in the heart of Carlton with excellent exposure to a high volume of cars passing daily. The building has been occupied as a local supermarket for 17 years and would be suitable for a variety of uses including medical, fitness, food and many more (STCA).

Property features include:

- Building area: 850m2*
- Over 40 metres* of frontage to Princes Street (Corner Drummond Street)
- Multiple entry points
- Ample on-site parking
- Dedicated loading area
- Optional items to remain with property include cool rooms, freezer, multiple fridges, shelving, etc
- Currently licensed to sell liquor

Situated between Princes Street and Elgin Street, the property is in close proximity to the Eastern Freeway and benefits from its door step access to public transport. The subject property is further enhanced by its close proximity to Melbourne University and Lygon Street's cafe and restaurant precinct also neighbouring Uni Lodge Gollege Square student accomodation and YMCA.

For further details and immediate inspection please contact CVA Property Consultants.


*approx

Additional Information
Features
  • Availability: 30-60 days from agreement
  • Zoning: Residential Growth Zone
  • Lease Term: Neg
  • Rent Review: Neg
  • Car Spaces: Ample on site
  • Condition: Good
  • Air Conditioning: No
  • Roller Doors: No
  • Floors: Concrete
  • Lifts: No
  • Height: 3 metres approx
  • Age: 40 years plus
  • Car Parking Fees: No
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: $6,160.28
  • Owners Corp. / Insurance: $14,300
Carlton Suburb Profile

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

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Unit S7, 570 Lygon Street, Carlton, VIC 3053. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Unit S7, 570 Lygon Street, Carlton, VIC 3053. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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