Under instruction from liquidators Dye & Co. .Stonebridge Property Group is pleased to present for sale 280 Lygon Street, Carlton.

The key highlights of the opportunity include:

• A trophy Lygon Street corner investment with AAA+ Underlying Fundamentals and net lease to national food chain – Zeus Street Greek
• Zeus Street Greek tenant the property on a 7-year lease with options through to 2043 and favourable 3.5% annual increases
• Since founding in 2014, Zeus Street Greek now operates 31 stores nationwide providing casual, fresh, and fast Greek cuisine dining experiences.
• The founders of Zeus Street Greek have a strong history of hospitality success having previously founded national business Crust Gourmet Pizza (136 stores)
• The freehold building enjoys 32 m* of combined corner frontage providing valuable business exposure and advantageous outdoor seating
• Providing annual income of $93,150 + GST*
• Strategically positioned on an expansive 156 sqm* landholding with highly accessible side/rear lane access
• The building spans 310 sqm* of ultra-high quality hospitality space complete with a commercial grade kitchen
• Ideally positioned in the world famous Lygon Street retail precinct, home to a multitude of national and international retailers in addition to some of Melbourne’s most recognised hospitality venues
• The precinct’s 24/7 retail activity is underpinned by its proximity to the Melbourne CBD (800 m*) and nearby education institutions (The University of Melbourne and RMIT)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

* Approximately