THIS IS THE ULTIMATE INVESTORS WINDOW-SHOPPING.

Sale Details

Sold on 06 Feb 2026

Description

POINT OF INTEREST:

In a suburb where locals take their coffee, cocktails and culture very seriously, this high-exposure shop and dwelling sits right in the thick of Brunswick East’s best stretch of Lygon Street — surrounded by culinary royalty like 400 Gradi, Old Palm Liquor, Messina and Nico’s. Previously home to a thriving coin-op operated laundromat, with 19 washing machines and 8 dryers still in place, this freehold is proof that you can work, rest and play, all under the one roof. Add to that a 3-bedroom, 2.5-bathroom apartment — complete with parking and rear laneway access — and you’ve got the potential to occupy or lease out together of separately, for two solid income streams in one high-exposure location. With tram routes 1 & 6 quite literally on your doorstep, over 22,000 cars passing daily, and a constant hum of negroni-fuelled foot traffic, it’s a position that launders opportunity — whether you’re letting the current fit-out do its thing or have ambitions to add value by transforming 2 levels into 5, this site is awash with potential. (STCA)

- Total building area of 260 sqm*
- Including a 130 sqm* first-floor 3-bedroom & 2.5-bathroom apartment.
- Total land area of 190 sqm*
- Multiple income streams with existing fit-out or small-scale development opportunity.
- Currently has 19 commercial-grade washing machines and 8 commercial-grade dryers.
- Commercial 1 zoning.
- 1 allocated car space.
- Steps from the 1 & 6 tram with over 22,000 passing cars daily.
- Surrounded by 400 Gradi, Old Palm Liquor, Maggie’s, Messina, and the IGA.

POINT OF VIEW:

Where the tram stops, the customers start — and they don’t stop coming here. With visibility this strong and tenants this popular, the only thing more consistent than the trade is the traffic.


*Approx.
Pricing excludes GST