2/71 Lygon Street Brunswick East VIC 3057

Shop & Retail
124 m²
Sold

Trendy City Fringe Restaurant | In the Heart of Bustling Brunswick | $500K Buyers

Burgess Rawson is pleased to offer to the market Halikarnas, located in Brunswick East VIC, which will feature in our Investment Portfolio Auction 157.

This investment has the following key investment highlights:

+Renewed lease plus options to 2030.
+Halikarnas: established and popular Turkish & Mediterranean restaurant and cafe.
+Attractive net lease with tenant paying all usual outgoings as per the lease agreement.
+Annual rent reviews.
+Modern 124sqm* restaurant with grease trap and extraction provisions.
+Strategically located on Lygon Street supported by high density multi-level apartments.
+Lygon Street: major metropolitan arterial with 22,000 vehicles passing daily.**
+Brunswick: in demand, city fringe growth suburb with the median house price up 21% since January 2021 and only 3.5km* from Melbourne CBD.***
+Net Income: $30,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 7 December 2022
Crown Casino - River Room

*approx.
**Gap Maps.
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