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134 Lygon Street, BRUNSWICK EAST VIC 3057 SALE

BUSTLING BRUNSWICK EAST INVESTMENT WITH NEW 5 YEAR LEASE
23
Price
Contact Agent
Land Area
157 sqm
  • Recently renewed 5 year lease term
  • Income: $80,000 pa + GST + outgoings
  • Iconic tenant in occupation for 20 years

Description

Gorman Commercial is pleased to offer 134 Lygon Street, Brunswick East for sale via Public Auction on Friday 27th March at 12noon on-site.

Acquire this immaculately presented and ultra cool freehold investment, situated within Lygon Street’s thriving hospitality and nightlife precinct.

Key Features Include

  • Income: $80,000 pa + GST + Outgoings (as at 1st July 2026)
  • New 5 + 5 + 5 + 5-year lease commencing 1st July 2026
  • Recently renewed lease term to longstanding and local institution, ‘The Alderman’, which has been in occupation for circa 20 years
  • Highly functional building layout with ground floor front bar area plus a number of other sitting rooms, first floor function room as well as outdoor balcony and expansive courtyard/beer garden
  • Excellent online/customer google review rating
  • Wide rear ROW access convenient for goods & equipment delivery.
  • Located within one of the inner north’s best hospitality areas with extremely low vacancy rates
  • Surrounded by excellent public transport amenity (two tram lines – No 1 & No 6 lines)
  • Close proximity to the Melbourne CBD (3.5kms) and nearby Melbourne’s best health and education institutions

LOCATION