Prime Corner Retail Investment in the Heart of Hamptons Activity Centre
Stonebridge Property Group is pleased to present for sale 281 Hampton Street, Hampton (corner of Hampton Street and Small Street). A prominent, dual-tenanted corner freehold, offered 100% leased and positioned 100 metres* from Hampton Station.
Key Highlights of the Opportunity Include:
– Prominent freehold building spanning 390 sqm*, strategically positioned on the corner of Small Street and Hampton Street, only 220 m* from Hampton Beach and 25 minutes* from the Melbourne CBD
– Fully leased to two established retailers, providing a combined annual income of $122,557 + GST + outgoings*
– Ground floor leased to Jac and Mooki, an established Australian womenswear brand operating its flagship Hampton boutique alongside a national online retail platform, with fixed 5% annual increases and further options extending to 2035
– First and second floors occupied by Paris ’99, an established luxury fashion resale boutique specialising in curated new and pre-owned garments from leading international designers, having traded from 281 Hampton Street for more than 15 years and benefiting from fixed 3% annual increases
– Spanning across three levels, the building comprises super-prime ground-floor retail and a versatile first- and second-floor retail/commercial offering
– High-profile 155 sqm* C1Z corner landholding with 33 m* of combined frontage to Hampton Street and Small Street, offering excellent exposure to pedestrian and vehicle traffic, rear laneway access and two on-site car spaces
– Located along Hampton Street, Bayside’s longest shopping strip and home to more than 320 businesses*, including Woolworths and an established mix of cafés, restaurants, retailers and essential services
– Moments from Hampton Train Station (120 m*), servicing more than 482,700 passengers annually*, and the newly completed Hampton Quarter development, comprising 117 apartments* and 820 sqm* of retail space
– Situated within an affluent Bayside catchment, with Hampton’s $2.39 million* median house price sitting 151% above the Melbourne median, adjoining Brighton at $3.18 million* and Sandringham at $2.105 million*
– Positioned within the Hampton Activity Centre, where updated planning controls support development of up to 8–12 storeys, including a three-storey street wall with recessed upper levels**
281 Hampton Street, Hampton is for sale via Public On-site Auction on Friday, 16 October at 11:00am (AEDT).
To obtain further information or arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Ian Lam
0485 693 699
(WeChat ID: Ianlam2001)
*Approximately
^realestate.com
**planningVic
Our Ref: Strip Retail
Our ID: a0TOd00000o3vukMAA
Property Code: 1834
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