98 Lygon StreetBrunswick East VIC 3057
Property Details for 98 Lygon St, Brunswick East
Last Listing description (April 2012)
THE COMFORTABLE CHAIR
Since it s inception, The Comfortable Chair has become a famous hospitality venue. Not surprisingly, it is frequented by all kinds at night: stockbrokers, students, doctors, lawyers, greenies and romantics. This venue offers the best party atmosphere or simply a relaxed drinking haven which has sparked a revolution of innovation and positivity in this bustling precinct. Martini s, champagne, beers, cocktails and espresso martini s flow throughout this lavishly decorated and designed bar.
Gorgeous staff, great service, delicious pizza options and a large beer garden ensure that every sense of gustatory well-being is entirely satisfied.
- Strong weekly sales & growing
- Long and secure lease
- Very Low rent
- Short trading Late afternoon til late night trade
FAST FACTS:
- Enviable liquor licence:1am Friday & Saturday/midnight Sunday Thursday
- Two main bars plus a large lounge area
- Monopolistic position in the marketplace
- Extensive outdoor courtyard
- Well established & loyale client base
TERMS OF SALE:
-10% deposit
-30 day settlement
For an inspection or more information regarding this business please call Marc on mobile: 0412 359 907.
Property History for 98 Lygon St, Brunswick East, VIC 3057
- 22 Mar 2024Sold for $3,380,000
- 17 Mar 2022Listed for Sale Contact Agent
- 16 Jan 2012Listed for Sale Not Disclosed
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About Brunswick East 3057
The size of Brunswick East is approximately 2.2 square kilometres. It has 18 parks covering nearly 15.2% of total area. The population of Brunswick East in 2011 was 8,477 people. By 2016 the population was 11,492 showing a population growth of 35.6% in the area during that time. The predominant age group in Brunswick East is 20-29 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 2011, 52.2% of the homes in Brunswick East were owner-occupied compared with 42.5% in 2016.
Brunswick East has 9,654 properties. Over the last 5 years, Houses in Brunswick East have seen a 29.45% increase in median value, while Units have seen a 6.71% increase. As at 31 October 2024:
- The median value for Houses in Brunswick East is $1,441,917 while the median value for Units is $575,451.
- Houses have a median rent of $750 while Units have a median rent of $548.
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