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123-125 Lygon St 3,423 SF Vacant Retail Building Carlton, VIC 3053 For Sale
Investment Highlights
- Anchored by Mercadante Woodfired Pizzeria – 20+ years of trading history at the site
- Mixed-use asset delivering $139,524 + GST annual income
- 182-patron liquor licence plus alfresco dining approval
- Includes two-bedroom residence on level one for supplementary revenue or owner-occupier conversion
Executive Summary
123-125 Lygon Street is a mixed-use Commercial 1 Zoned freehold anchored by Mercadante Woodfired Pizzeria, complemented by a two-bedroom residence providing additional income security and future flexibility. This established site combines strong hospitality trade history with residential upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,423 SF
Building Class
C
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.87
Lot Size
0.04 AC
Frontage
20’ on Lygon Street
Nearby Major Retailers
1 of 8
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123-125 Lygon St
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