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2. Property Highlights

PRIME BRIGHTON CORNER - PERFECT BUSINESS ADDRESS
  • High profile owner occupier opportunity
  • 102m* of frontage including Bay Street
  • Adjacent to North Brighton Station

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 华语服务

James Zhuang 庄雪楠 | 0473 866 666

*Approximate

Remember to mention you found this property on CommercialReady

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3. Property Location

307-309 Bay Street, Brighton, VIC, 3186

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