Nelson Alexander Commercial are pleased to present 298 & 300 Lygon Street Carlton For Sale via Public Auction on Friday 21st March at 1pm.
These 2 generational freeholds (first time offered for public sale in approx. 70 years) offers the flexibility of income plus value-add/development potential (STCA).
298 LYGON STREET CARLTON
- Leased to "Carlton Yacht Club" a Carlton institution trading for over 20 years with valuable 3AM Liquor License^
- 5 year lease returning $72,877.22 pa.
- Prominent Lygon Street frontage providing valuable exposure and allowing. advantageous outdoor seating
- Internal area of 80sqm*
- Land area of 111sqm*
- C1 Zoning
300 LYGON STREET CARLTON
- Offered with Vacant possession
- Internal area of 80sqm*
- Land area of 113sqm*
- C1 Zoning
LOCATION
Excellently located in the highly activated trading footprint between Faraday and Grattan Street and only 2kms* from Melbourne's CBD.
A bustling precinct surrounded by renowned retailers, including ANZ, Commonwealth, NAB, and Bendigo Bank, alongside Hairhouse Warehouse, Vintage Cellars, and a diverse selection of popular eateries such as Papa Gino's, Zeus Street Greek, Café Corretto, Copperwood, Johnny's Green Room, Vince & Sam's, DOC, Donnini's, and more.
The precinct's vibrant 24/7 retail activity is driven by its close proximity to the Melbourne CBD (650m*) and major education institutions, including The University of Melbourne and RMIT.
298 & 300 Lygon Street offers a combination of income and opportunity in one of Melbourne's most iconic retail strips.
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial.
*approx.
^Friday, Saturday
