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  5. STRONG BRUNSWICK INVESTMENT WITH TWO INCOME STREAMS

169 Lygon Street, BRUNSWICK VIC, 3056

For Sale
https://dduaaywsz-res-2.cloudinary.com/image/upload/v1592543839/dsxklu6afitvzbrsg8jx.jpg

Property for Sale in 169 Lygon Street, BRUNSWICK VIC, 3056

Vision Real Estate Pty Ltd

7 Smith Street, Fitzroy, VIC 3065

Listing ID:
11387626
Status:
Active
For:
Sale
Last Updated:
03/07/2020
Price:
contact agent
Icon building

Property Type

Retail/Land/Development/Offices
Icon square

Land Area

223 SQM
Icon size

Floor Area

120 SQM
Icon parking

Parking

1

STRONG BRUNSWICK INVESTMENT WITH TWO INCOME STREAMS

Vision Real Estate has the pleasure in offering this magnificent property with a long standing commercial tenant that has recently renewed its lease until the 30th September 2024.

Invest now and develop later in the rapidly growing Lygon St precinct.

*Land area- 219 sqm approx

*Extra Wide Single Fronted Building

*To Be Sold With Two Tenancies:

Tenant 1- retail cafe with a lease until September 2024, returning $40,169
pa, net, plus GST

Tenant 2- Residential tenant in 1 bedroom apartment since 2007 returning
$15,682 pa.

Total annual income stream- $55,851 plus GST

*Rear R.O.W

For further information on this excellent investment opportunity please contact Frank Romeo on 0405 703 470.

For more details, please email agent

Vision Real Estate Pty Ltd

7 Smith Street, Fitzroy, VIC 3065


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