Iconic Lygon Street, Carlton retail strip sees premises leased

Iconic Lygon Street, Carlton retail strip sees premises leased
Iconic Lygon Street, Carlton retail strip sees premises leased

A new modern Asian cuisine venture is set to open on an iconic Carlton strip.

Chris James of Fitzroys negotiated the lease at 263 Lygon Street in Carlton on behalf of a private owner.

The five-year lease with further options was struck at $83,000 per annum plus outgoings and GST, and the new venture will host diners from the 95 sqm ground floor of the building.

James said the long-term lease in the prime section of the strip reflects the operators’ confidence in the transformation of Lygon Street.

His Fitzroys colleague Terence Yeh have also been marketing 259-261 Lygon Street next door, which is under offer.

Tags: 
Retail Lease Carlton

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