Colliers are pleased to present 307 Bay Street, Brighton, a prime trophy asset with pole position in one of Melbourne's most tightly held retail shopping strips, Bay Street Brighton. Possessing a highly exposed corner position with high quality improvements, the property would make for the ideal business address for any owner occupier.
• High quality double-storey corner retail freehold of 467m² with six on-site car parks • Prime position on Bay Street directly adjoining North Brighton Train Station • Short-term income of $243,363 plus GST and outgoings p.a with fixed 3.5% increases • Potential to derive additional income from signage advertising (STCA) - visibility to over 11,000* cars daily and over 480,000* annual rail passengers entering North Brighton Station • Corner position in Bay Street which is one of Melbourne's best performing retail shopping strips with historically low vacancy • Lease profile allows the ability to owner-occupy or refurbish for rental reversion • Quadruple fronted Commercial 1 Zoned site of 345m²* offers long-term multi-storey development flexibility (STCA) • Benefiting from an affluent Brighton address which currently possesses one of Melbourne highest median house and unit price of $3.23m and $1.15m respectively
For more information, please contact the below exclusive Colliers selling agents
Ted Dwyer | 0411 312 165 Ben Baines | 0438 328 407 Eddie Foulkes | 0405 890 960
Colliers Asian Desk
James Zhuang | 0473 866 666
*Approximate
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Ben Baines to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.