168-170 Bay Street, Brighton

Auction

Thursday, 9th December at 2pm

Landmark Corner Brighton Freehold

This is a rare opportunity to own an iconic corner building in the heart of Brighton, one of Melbourne’s most exclusive suburbs.

You may wish to move your business here and enhance your profile, or purchase as an investment for the future.

The location is enviable, with its prime corner profile adding to its appeal. Within walking distance of wonderful cafes, schools and train station, it ticks all the boxes.

The stunning two level building with classic period/heritage features (Victorian era) and flexibility for one or more occupants, it offers flexibility, rental growth and a valuable corner position ideal for further development (STCA).

Key attributes are summarised as follows:

* Charming two-level building
* Total building area: 270sqm* (approx.)
* Corner site area: 366sqm* (approx.)
* Potential fully leased rental circa: $115,000 p.a. net
* Mixed use zone – allows for both commercial & residential uses

GROUND FLOOR SHOP
* 12 month lease to long-standing business – Cadelle Leather
(please note they have no further options)

FIRST FLOOR OFFICE
* Accessed via Cochrane Street
* Offered with vacant possession
* Consider re-leasing for office/ medical use or residential use

The property offers great flexibility to suit investors:

* Separate entry points to ground and first floor office areas
* Onsite car parking for 6 – 8 vehicles, entry via Cochrane Street
* Spacious residential option at first floor level
* Suitable for a variety of uses including retail, medical/health or professional offices
* Architect concept plans available to show future development potential (STCA)

Outstanding location on Bay Street close to Hotel Brighton, a variety of cafes/food options, North Brighton station and Firbank Grammar.

168 – 170 Bay Street, Brighton is a local landmark making a wonderful addition to your investment portfolio.

For further details or to arrange an inspection please contact:

JULIAN VAUTIN 0420 406 660
JAMES GLEN 0401 493 277

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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