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108 Lygon St 1,302 SF Retail Building Carlton North, VIC 3053 For Sale
Investment Highlights
- Leased to established Malaysian restaurant Warisan Secangkir.
- Five-year lease term with a further five-year option and market review at option.
- Current annual income of $72,800 with 4% fixed annual increases
- Includes two on-site car spaces for tenant convenience.
Executive Summary
108 Lygon Street presents a securely leased retail investment in one of Melbourne’s most iconic hospitality destinations. The property offers consistent income from a long-standing restaurant tenant with strong rental growth provisions. Located near the CBD, this city fringe investment combines exposure, accessibility, and proven demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,302 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Building FAR
1.03
Lot Size
0.03 AC
Frontage
17’ on Lygon Street
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Nearby Major Retailers
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108 Lygon St
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