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514 & 516 Lygon Street
Brunswick East VIC 3057
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514 & 516 Lygon Street Brunswick East VIC 3057

  • Shop & Retail
  • 160 - 322 m²
  • Commercial Auction

TWO ENTRY LEVEL FREEHOLDS IN SOUGHT AFTER LOCATION | BUY ONE OR BUY BOTH

  • Buy one or buy both
  • First time offered in 70 years
  • Occupy, Invest, Develop or Value Add

Gorman Commercial is pleased to offer for sale 514 & 516 Lygon Street, Brunswick via two public auctions on Thursday 27th February 2025 at 12pm on-site.

Being offered for the first time in 70 years, these two retail properties, available separately or together are the perfect entry level investment opportunity, with short-term income and potential to occupy, invest, develop or value add.

Key property features:

* Buy one or buy both
* Land areas: 160sqm & 162sqm (Combined Land area: 322 sqm*)
* Two street frontages, with rear access via Eddy Street
* Short-term combined income of $49,560 per annum
* Two freehold properties on separate titles
* Each property benefits from rear roller shutter door access and on-site parking

Only 5 kilometres from the CBD, the properties are perfectly positioned at the top of Lygon Street within this ever gentrifying location.

With Sydney Road to the west and Nicholson Street to the east the surrounding location is home to an abundance of popular retailers and hospitality venues.

Auction date and time27/02/2025 12:00
Auction location514 & 516 Lygon Street, Brunswick East VIC

Property Highlights

Floor Area160 - 322 m²
Land Area160 - 322 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019747108
Category
Last updated  24 Jan 2025
Map for 514 & 516 Lygon Street Brunswick East VIC 3057

Nearest transport* to 514 & 516 Lygon Street Brunswick East VIC 3057

Bus
Train
Tram
Ferry
Lygon St/Albion St (Brunswick East)54 m
Lygon St/Albion St (Brunswick East)79 m
Leithead St/Albion St (Brunswick)321 m
Lyndhurst Cres/Nicholson St (Brunswick East)357 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Property Highlights

Floor Area160 - 322 m²
Land Area160 - 322 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019747108
Category
Last updated  24 Jan 2025

Co-Agents

Jonathon McCormack
Gorman Commercial Real Estate Pty Ltd
Call
0418 835 885
Tom Maule
Gorman Commercial Real Estate Pty Ltd
Call
0401 636 049

More about 514 & 516 Lygon Street Brunswick East VIC 3057

514 & 516 Lygon Street Brunswick East VIC 3057 is categorized as Shop & Retail Property. It has a floor area of 160 - 322 m² and a land area of 160 - 322 m². The listing ID for this property is 2019747108.

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