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447 Lygon St 1,560 SF Retail Condo Unit Offered at $540,338 in Brunswick East, VIC 3057

Investment Highlights
- Positioned along the prominent Lygon Street retail and lifestyle precinct.
- Heating/cooling installed; suitable for retail, office, showroom, or medical use.
- Located within a high-demand inner-north growth area close to Melbourne CBD
- Fully self-contained with kitchen, bathroom, and shower facilities.
- Secure off-street parking, supported by excellent public transport connectivity
Executive Summary
447 Lygon Street benefits from its position on one of Brunswick East’s busiest commercial corridors, servicing a vibrant, densely populated inner-north location just minutes from the city. The surrounding environment features a diverse mix of retailers, cafes, and lifestyle venues, attracting steady pedestrian and commuter traffic throughout the day. Zoned Commercial 1, the property offers considerable use flexibility for businesses. Public transport connectivity via Lygon Street trams and major arterials further underpins its accessibility for customers and employees. The area is characterized by continued population growth, urban renewal, and high demand for mixed-use commercial spaces, bolstering long-term value prospects.
1 Unit Available
Unit Retail
| Unit Size | 1,560 SF | Condo Use | Retail |
| Price | $540,338 | Sale Type | Investment or Owner User |
| Price Per SF | $346.37 |
| Unit Size | 1,560 SF |
| Price | $540,338 |
| Price Per SF | $346.37 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
This flexible retail and office suite spans approximately 145 m² and features an adaptable layout suitable for multiple uses, including retail, showroom, medical consulting, or creative workspace (STCA). The property includes an open-plan front zone, a raised office area, and private rear offices. Amenities include a full kitchen, restroom facilities with a shower, and heating/cooling, creating a self-contained occupational environment. Secure off-street parking is also available, enhancing functionality for staff and visitors.
Sale Notes
Located in a sought-after Lygon Street precinct, this 145 m² property presents an excellent acquisition for owner-occupiers or investors looking for versatility and inner-city accessibility. The property boasts outstanding street exposure and adaptable internal planning, making it well-suited for retail, showroom displays, or professional and medical services within a Commercial 1 zoning framework.
The fit-out includes a generous open-plan retail space at the entrance, a dedicated office area, and enclosed spaces at the rear. Complementary facilities—a kitchen, shower-equipped bathroom, and climate control systems—ensure day-to-day convenience. With secure parking on-site, strong pedestrian traffic, and close proximity to tram routes and Melbourne’s CBD, this property is aligned with both operational efficiency and capital growth potential.
Retail space
Retail space
Retail space
Retail space
Retail space
office area
office area
office area
office area
office area
Parking
Property Facts
| Total Building Size | 10,613 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,541 SF |
| Property Subtype | Apartment | Lot Size | 0.10 AC |
| Building Class | C |
| Total Building Size | 10,613 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 3,541 SF |
| Lot Size | 0.10 AC |
Presented by
447 Lygon St
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