Positioned in the heart of vibrant Carlton North, 1018 Lygon Street presents a rare opportunity to secure a high-exposure freehold in one of Melbourne's most tightly held inner-city strips. This solid brick property offers approximately 220m² of building area on a 110m² site, combining retail and residential appeal with outstanding investment potential. Boasting charming character features throughout, the property includes a residence with access to a rooftop garden, creating a unique lifestyle offering rarely found in such a prime location. With potential for dual income streams from both the retail and residential components, investors can capitalise on strong demand in this thriving precinct. Located just 10 minutes from the Melbourne CBD, the property benefits from constant foot and vehicle traffic along Lygon Street, surrounded by popular cafés, restaurants, and established local amenities.
Features Include;
* Freehold property both residential and commercial retail
* Current lease is $66,957 per annum until January 2027 (option to move in earlier)
* Approx. 220m² building area
* Approx. 110m² land holding
* Mixed-use retail and residential opportunity
* Rooftop garden with lifestyle appeal
* Strong dual-income potential
* High exposure main road frontage
* Solid brick construction
* Only 10 minutes to Melbourne CBD
Secure a blue-chip freehold with income and upside-enquire today!
