• Significant heritage freehold with private rear access
• Four individually lettable spaces, each enjoying healthy rental yields
• Nestled on one of Melbourne's most famous and iconic retail/dining strips
A first-class commercial prospect among one of Melbourne's most historic and widely adored retail/dining
strips, this dual-storey freehold offers a combination of business and residential spaces, with the building
cleverly configured to maximise available income. With a 100% occupancy rate and total rent exceeding
$154,000 p.a., 129 Lygon Street comprises:
- A high-exposure commercial shopfront with loading dock, three toilets, and a storeroom
- An expansive upstairs office space with views over Lygon Street, an added lunch room, kitchenette,
laundry facilities, bathroom, and balcony access
- A park-viewing residence with kitchenette, bathroom, and open bedroom/living/dining area
- A second residence with kitchenette, bathroom, open bedroom/living/dining area, and balcony
access
Noteworthy points include:
- Land size: 168sqm approx. with private rear access (rear frontage to Rush Place)
- Commercial 1 Zone (C1Z)
- Heritage Overlay (HO1)
- Four individually lettable spaces, totalling over $154,000 p.a.
- Under 2km to Melbourne's bustling city centre
- Placed among some of Melbourne's most popular cafés, restaurants, bars, and boutiques
- Seconds from the vibrant Argyle Square and Carlton Gardens
- An easy walk to the University of Melbourne and RMIT
For more information, please contact:
Jane Campbell
0411 029 926
Anthony Elliott
0433 171 740