280 Lygon Street, Carlton, VIC 3053

Retail | Offices


  • Property ID: 443193
  • Floor Area: 310m²
  • Land Area: 156m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 08/05/2024 310m2 156m2 Contact Agent
Corner Lygon Street Freehold 100% Leased to National Food Chain

Under instruction from liquidators Dye & Co. .Stonebridge Property Group is pleased to present for sale 280 Lygon Street, Carlton.

The key highlights of the opportunity include:

- A trophy Lygon Street corner investment with AAA+ Underlying Fundamentals and net lease to national food chain - Zeus Street Greek

- Zeus Street Greek tenant the property on a 7-year lease with options through to 2043 and favourable 3.5% annual increases

- Since founding in 2014, Zeus Street Greek now operates 31 stores nationwide providing casual, fresh, and fast Greek cuisine dining experiences.

- The founders of Zeus Street Greek have a strong history of hospitality success having previously founded national business Crust Gourmet Pizza (136 stores)

- The freehold building enjoys 32 m* of combined corner frontage providing valuable business exposure and advantageous outdoor seating

- Strategically positioned on an expansive 156 sqm* landholding with highly accessible side/rear lane access

- The building spans 310 sqm* of ultra-high quality hospitality space complete with a commercial grade kitchen

- Ideally positioned in the world famous Lygon Street retail precinct, home to a multitude of national and international retailers in addition to some of Melbourne’s most recognised hospitality venues

- The precinct’s 24/7 retail activity is underpinned by its proximity to the Melbourne CBD (800 m*) and nearby education institutions (The University of Melbourne and RMIT)

280 Lygon Street, Carlton is offered for sale via Public On-site Auction on Wednesday 8th May 2024 at 12:30pm (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: 929

Carlton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $231 ---
Retail $4758 $351 7.37%
Offices $6005 $383 6.38%
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.
LOGIN (Existing Members)

REGISTER (New Members)

Already have a CPG account? Login


REGISTER (New Members)