THE STROLL-STOPPING CARLTON CORNER.

Overview

Description

POINT OF INTEREST:

On Lygon Street, time has a funny way of disappearing — somewhere between the first espresso, the third shop window, and the decision about what to eat next. At 242–244 Lygon Street, two freestanding corner buildings offer 461 sqm* of hospitality-ready space on 514 sqm* of Carlton soil. Commanding a prized corner with dual street frontage and rear access via Ormond Place, this address places your business directly in the path of Lygon’s constant foot traffic. Moments from the University of Melbourne and surrounded by the strip’s celebrated mix of cafés, retailers, bars, and restaurants, the setting guarantees a daily stream of students, locals, and visitors all happily spending time — and money — along the way. Inside, the foundations are already plated up: a fully equipped commercial kitchen, expansive café and retail-ready areas, plus valuable rear parking. You’re surrounded by tram options, but the walk into the city is also an option. Whether it becomes the next neighbourhood institution, a retail concept, or a mixed-use reinvention (STCA), the flexibility here matches the energy of the street.

- Two freestanding corner adjoining buildings.
- 461 sqm* total building area with high quality fit-out.
- 514 sqm* total land area.
- Prominent dual street frontage to Lygon Street.
- Rear access via Ormond Place and parking available.
- Commercial kitchen.
- 250 m* to Rathdowne Street’s tram stop and Carlton Gardens.
- 300 m* to Swanston Street’s tram stop.
- Walking distance to the CBD or Lygon Court, Palace Cinemas, and Brunetti Classico.

POINT OF VIEW:

On Lygon Street, people rarely arrive with a plan — they arrive with time to spare. Secure the corner with dual-street frontage, and your business becomes part of the reason they linger.

*Approx.
Pricing excludes GST