Lygon Street Freehold Investment | Secure Income + Flexibility
Lemon Baxter is pleased to offer 277 Lygon Street, Carlton — a tightly held freehold investment positioned within one of Melbourne’s most established lifestyle precincts.
Offered for the first time since the 1940s (approx.), the property presents a rare opportunity to secure a generational Lygon Street holding with immediate income supported by fixed annual growth.
Prominently located near the Faraday Street intersection, the asset is offered subject to an existing lease, providing a balanced profile of holding income and medium-term flexibility.
Key features:
– Passing income: $48,000 p.a.
– Fixed 3% annual rental increases
– Lease expiry April 2028 + options to 2034
– Tenant pays 100% of outgoings (excluding land tax)
– Prominent Lygon Street position
– Land area: 83 sqm* | Building area: 117 sqm*
– First time offered since the 1940s (approx.)
For sale via Expression of Interest closing Thursday, 14 May at 12pm (AEST).
Contact our exclusive selling agents for more information.
*Approximately
