Toto’s Pizza House , 99-101 Lygon Street, Carlton

WORLD FAMOUS & ICONIC RETAIL OPPORTUNITY UNDERPINNED BY UNIVERSITY PRECINCT & NORTHERN CBD HIGH DENSITY RESIDENTIAL POPULATION!

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).

*Approx.
^Melbourne.vic.gov/dailypopulation. Averages of Melb & Carlton.

For further information please contact the appointed agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.