22 Lygon Street, Brunswick East, VIC 3057 | Property Value & History | OnTheHouse
OFF MARKET

22 Lygon Street
Brunswick East VIC 3057

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 70m2
Land area: 1456m2
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Property Details for 22 Lygon St, Brunswick East

Building Type
Commercial
Year Built
2019
Floor Size
70m2
Land Size
1456m2
Local Government
Merri-Bek
Lot/Plan
3/PS742419

Last Listing description (December 2021)

Hudson Bond is pleased to present one of the most secure investment opportunities currently available to the Melbourne commercial market.

A high-profile Lygon Street retail corner location with secure government lease the property will appeal to savvy investors intent on increasing the stability of their commercial portfolio.

Having a newly renewed 3 year lease term commencing from 1/Dec/2021 and a triple net lease other notable features include:

Net Rental: $105,000 + GST Per Annum
Current Lease Term 3+3 Commencing 1/Dec/2021
Immaculately Presented Modern Ground Floor Office
Securely Leased Government Investment
3.25% Annual Rent Increases
Building Area of 273m2 + Additional Storage
Triple Net Lease All Outgoings Paid By Tenants
High Profile Lygon Street Corner (24,000+ Passing Vehicles Per Day*)
4 Exclusive Car Spaces
Prime Exposure to Lygon Street and Brunswick Road
Front and Rear Access to the Premises & Loading Bay Facilities
Grease Trap & Exhaust Provisions
Access to Common Outdoor Area & Roof Top Terrace

Rarely do investment opportunities of this calibre with such secure tenants and strong retail appeal become available in the marketplace.

Contact Hudson Bond Commercial to discuss the property in further detail or to request an inspection.

Property History for 22 Lygon St, Brunswick East, VIC 3057

A timeline of how this property has performed in the market
Last Sold
$1,150,500
14 Dec 2021
Listed for Rent
$410/w
04 Oct 2019
  • 14 Dec 2021
    Sold for $1,150,500
  • 20 Oct 2021
    Listed for Sale $2,300,000
  • 03 Jul 2018
    Listed for Rent $550 / week
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About Brunswick East 3057

The size of Brunswick East is approximately 2.2 square kilometres. There are 18 parks, covering nearly 15.2% of the total area. The population of Brunswick East in 2016 was 11504 people. By 2021 the population was 13279 showing a population growth of 15.4% in the area during that time. The predominant age group in Brunswick East is 30-39 years. Households in Brunswick East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick East work in a professional occupation.In 2021, 44.60% of the homes in Brunswick East were owner-occupied compared with 42.50% in 2016.

Brunswick East has 9,979 properties. Over the last 5 years, Houses in Brunswick East have seen a -4.50% decrease in median value, while Units have seen a 0.34% increase. As at 31 July 2026:

  • The median value for Houses in Brunswick East is $1,425,175 while the median value for Units is $594,202.
  • Houses have a median rent of $850 while Units have a median rent of $600.
There are currently 34 properties listed for sale, and 17 properties listed for rent in Brunswick east on OnTheHouse. According to Cotality's data, 519 properties were sold in the past 12 months in Brunswick east.

Suburb Insights for Brunswick East 3057

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.