PRIME BRIGHTON CORNER - PERFECT BUSINESS ADDRESS
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307-309 Bay Street, Brighton VIC 3186

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RetailSize: n/a
Block size: 345 m² approx.
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

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Key details

Property type:
Retail
Block Size:
345 *

Other Details

Lot:
1
Plan:
LP2383
Legal description:
1\LP2383
Colliers International | Melbourne East

Maps and area information

Block information
Block size: 345 (approx)
Legal description: 1\LP2383
Block Map
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Property history

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Brighton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
23,252
Listing ID: 182086942. This listing has been viewed 1 time. It was first displayed on 14/11/2023 and last updated on 20/05/2024.
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.