- Address: 99-101 Lygon Street Carlton VIC 3053
- Floor Area: 100-250 sqm*
- Property type: Retail
- Offer type: For Lease
- City: Carlton
- Post Code: 3053
- Features: 2 SHOPS FROM 100SQM* - 250SQM* , INTERNATIONALLY RECOGNISED PREMISES , UNIVERSITY & CBD NORTH PRECINCT
WORLD FAMOUS & ICONIC RETAIL OPPORTUNITY UNDERPINNED BY UNIVERSITY PRECINCT & NORTHERN CBD HIGH DENSITY RESIDENTIAL POPULATION!
- INTERNATIONALLY RECOGNISED PREMISES
- 2 SHOPS FROM 100SQM* – 250SQM*
- UNIVERSITY & CBD NORTH PRECINCT
Acting under the instructions from Advise Transact, Jones Real Estate is privileged to offer for your consideration the iconic Toto’s Pizza House at 99 -101 Lygon Street, Carlton For Lease. This is the first time the property has been offered in 49 years.
This retail opportunity truly is rich with history and success, from its inception as the first Pizzeria established in Melbourne, Australia to its recognition in the World Pizza Hall of Fame in 2007.
For the first time in 49 years, the time has come for its next occupier, whether that again be a Pizza House, or perhaps other hospitality focused operations to service the surrounding university & northern CBD precinct. The enviable location undeniably supports retail & hospitality, given the high density 94,600^ residential dwellings within the CBD and northern fringe pocket together with Melbourne University, RMIT University, Australian Catholic University (ACU) and other TAFE’s / Institutions on the property’s immediate doorstep!
Key features include:
- Ground floor retail premises, either 1 shop of 250sqm* or 2 shops from 100sqm* + 150sqm* with existing commercial kitchen facilities.
- World class university student, residential & hospitality precinct, with catchment of over 100,000^ people daily.
- Adjoining CBD north on Russell St home to an average of 413,200^ people daily, including over 150,000 students at RMIT, Melbourne University & ACU all within a 1km radius of the property^.
- Utilise advancements in technology (DoorDash, Deliveroo, EASI, Menulog, UberEats / take-away) to build a revenue stream that ensures another 49 + years of success from this site!
- Surrounded by major retailers including: D.O.C Espresso, D.O.C Pizza & Mozzarella Bar, Donnini’s Restaurant, Criniti’s, Brunetti, San Churro, Grill’d, Woolworths, Mecca, Country Road, Seed Heritage, Peter Alexander, CBA, NAB.
- Property is Zoned Commercial 1 Zone (C1Z).
^Melbourne.vic.gov/dailypopulation. Averages of Melbourne and Carlton.
For further information or to schedule an inspection please contact the Jones Real Estate appointed agents.
+61 458 467 482
+61 432 467 771
+61 488 779 749
- ID: 5414
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