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Sold

22-24 Lygon Street, Brunswick East

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SECURE GOVERNMENT RETAIL INVESTMENT

Hudson Bond is pleased to present one of the most secure investment opportunities currently available to the Melbourne commercial market.

A high-profile Lygon Street retail corner location with secure government lease the property will appeal to savvy investors intent on increasing the stability of their commercial portfolio.

Having a newly renewed 3 year lease term commencing from 1/Dec/2021 and a triple net lease other notable features include:

• Net Rental: $105,000 + GST Per Annum
• Current Lease Term 3+3 Commencing 1/Dec/2021
• Immaculately Presented Modern Ground Floor Office
• Securely Leased Government Investment
• 3.25% Annual Rent Increases
• Building Area of 273m2 + Additional Storage
• Triple Net Lease – All Outgoings Paid By Tenants
• High Profile Lygon Street Corner (24,000+ Passing Vehicles Per Day*)
• 4 Exclusive Car Spaces
• Prime Exposure to Lygon Street and Brunswick Road
• Front and Rear Access to the Premises & Loading Bay Facilities
• Grease Trap & Exhaust Provisions
• Access to Common Outdoor Area & Roof Top Terrace

Rarely do investment opportunities of this calibre with such secure tenants and strong retail appeal become available in the marketplace.

Contact Hudson Bond Commercial to discuss the property in further detail or to request an inspection.

Available documents