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363B Lygon St 430 SF Retail Condo Unit Offered at $345,816 in Brunswick East, VIC 3057
Executive Summary
The property is situated on Lygon Street in Brunswick, approximately 6 km north of Melbourne’s CBD. It forms part of a mixed-use development incorporating retail and residential uses. The site occupies approximately 504 m² of land. The surrounding area is characterized by medium- to high-density residential developments and various commercial uses, especially hospitality and specialty retail. Access to public transportation is provided by nearby tram routes along Lygon Street and train connections from Anstey Station and Jewell Station. Road connectivity is enhanced via Sydney Road and arterial links to the CityLink Tollway.
1 Unit Available
Unit 7
| Unit Size | 430 SF | Condo Use | Retail |
| Price | $345,816 | Sale Type | Investment |
| Price Per SF | $804.22 | APN/Parcel ID | PS516284 |
| Unit Size | 430 SF |
| Price | $345,816 |
| Price Per SF | $804.22 |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | PS516284 |
Description
A rare retail investment opportunity in a vibrant Brunswick locale. Positioned along bustling Lygon Street.
Sale Notes
A rare retail investment opportunity in a vibrant Brunswick locale. Positioned along bustling Lygon Street, this property is securely leased with a strong rental return, offering peace of mind for investors. The current lease commenced May 25, 2024, on a 3-year term with a further 3-year option, generating $25,000 per annum plus outgoings. Surrounded by cafes, dining, and retail amenities, this location delivers consistent foot traffic and excellent visibility, ensuring long-term growth potential. Priced to sell—this is your chance to own a high-demand retail asset in a highly desirable position.
Property Facts
| Total Building Size | 10,344 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 5,425 SF |
| Property Subtype | Apartment | Lot Size | 0.12 AC |
| Building Class | C |
| Total Building Size | 10,344 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 5,425 SF |
| Lot Size | 0.12 AC |
Presented by
363B Lygon St
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