277 Lygon Street, Carlton, VIC 3053 | Commercial for sale | OnTheHouse
 
FOR SALE
$150,000

277 Lygon Street
Carlton VIC 3053

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Cafe Business for Sale – Lygon Street, Carlton | Coffee, Dessert & Art Gallery Café

A rare opportunity to purchase an established café, coffee and dessert business in the heart of iconic Lygon Street, Carlton - one of Melbourne's most recognised hospitality and dining precincts.
Located in a high-foot-traffic position surrounded by restaurants, students, residents, professionals and tourists, this business offers an excellent opportunity for an owner-operator, café operator or investor seeking a Melbourne café business for sale in a premium location.
The café currently trades 7 days per week from 7:30am to 5:30pm and offers coffee, desserts and casual café dining. Annual turnover is over $250,000*, with rent approximately $55,000 per annum.
The lease offers security with 2 x 3 x 3-year options. The vendor is open to lease transfer or discussing a new lease arrangement, giving flexibility to the incoming purchaser.
Key Features:
Prime Lygon Street, Carlton location
Established café, coffee and dessert business
High-exposure Melbourne hospitality precinct
Trades 7 days per week
Current hours 7:30am–5:30pm,could be extended
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Property Details for 277 Lygon St, Carlton

Building Type
Commercial
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. There are 9 parks, covering nearly 20.9% of the total area. The population of Carlton in 2016 was 18535 people. By 2021 the population was 16055 showing a population decline of 13.4% in the area during that time. The predominant age group in Carlton is 20-29 years. Households in Carlton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation.In 2021, 23.30% of the homes in Carlton were owner-occupied compared with 18.60% in 2016.

Carlton has 16,059 properties. Over the last 5 years, Houses in Carlton have seen a -12.29% decrease in median value, while Units have seen a -13.64% decrease. As at 31 July 2026:

  • The median value for Houses in Carlton is $1,453,978 while the median value for Units is $341,114.
  • Houses have a median rent of $883 while Units have a median rent of $570.
There are currently 66 properties listed for sale, and 59 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 655 properties were sold in the past 12 months in Carlton.

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Amir Bordbar
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Zed Real Estate
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