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107 Lygon St 2,626 SF 100% Leased Retail Building Brunswick East, VIC 3057 $756,473 ($288.03/SF) 4.57% Cap Rate
Investment Highlights
- Prominent Lygon Street frontage with more than five meters of high-visibility exposure.
- Highly accessible location near tram, bus, and train routes with parking for two vehicles via rear right-of-way.
- Positioned in Brunswick East, known for higher-than-average household incomes and a youthful demographic mix.
- Securely leased investment generating $48,000 per annum with 5-year term and 5-year option.
- Sought-after precinct with strong hospitality, retail, and lifestyle appeal for consistent patronage.
Executive Summary
This property presents an outstanding opportunity to acquire a dual-level commercial building with an integrated three-bedroom dwelling in the vibrant heart of Brunswick East. Positioned along the bustling Lygon Street corridor, the asset benefits from exceptional street frontage and strong pedestrian visibility, making it ideal for long-term investment security.
Currently under a five-year lease with a further five-year renewal option, the property generates an annual rental income of $48,000, providing reliable cash flow. Nearby, a dense mix of cafes, restaurants, and specialty retail ensures consistent foot traffic and robust tenant demand, while easy access to trams, major roadways, and multiple public transport options appeals to businesses and commuters alike.
With coveted frontage, rear access to off-street parking for two vehicles, and proximity to one of Melbourne’s most iconic hospitality hubs, this property combines heritage character with income stability. Investors can appreciate not only the secured lease but also the long-term growth potential of a premier inner-city location.
Currently under a five-year lease with a further five-year renewal option, the property generates an annual rental income of $48,000, providing reliable cash flow. Nearby, a dense mix of cafes, restaurants, and specialty retail ensures consistent foot traffic and robust tenant demand, while easy access to trams, major roadways, and multiple public transport options appeals to businesses and commuters alike.
With coveted frontage, rear access to off-street parking for two vehicles, and proximity to one of Melbourne’s most iconic hospitality hubs, this property combines heritage character with income stability. Investors can appreciate not only the secured lease but also the long-term growth potential of a premier inner-city location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,626 SF
Building Class
C
Price
$756,473
Price Per SF
$288.03
Cap Rate
4.57%
NOI
$34,582
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.76
Lot Size
0.03 AC
Frontage
16’ on Lygon Street
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Nearby Major Retailers
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107 Lygon St
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