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SOLD

447 Bay Street, BRIGHTON, VIC 3186

Development Approved
DETAILS

MAKE A SPLASH IN THIS EXCLUSIVE BRIGHTON LOCATION

SOLD

Savills is thrilled to offer for sale this premium development opportunity located within one of Melbourne’s most affluent locations at 447 Bay Street, Brighton. This property represents an unbelievably rare opportunity to deliver a luxury mixed use project, ideally located within close proximity to extensive retail amenity, education facilities and quality lifestyle attractions.

The key attributes of the remarkable property include:

- Prominent corner landholding of 1,040sq m*

- Approved permit for 17 premium apartments plus ground floor retail

- Substantial holding income with a short term lease returning $177,212 per annum*

- Direct proximity to North Brighton Train Station

- Prime Bay Street location which boasts a myriad of high quality shopping, dining and entertainment options and a full-line Coles supermarket

- Close to elite educational facilities including Firbank Grammar School and Brighton Grammar School

- Located in one of Melbourne’s most prestigious residential locations with a median house price of $2,280,000^

*Approx.

^realestate.com.au

For further information please contact:

Benson Zhou - 0458 488 888

Julian Heatherich - 0412 995 655

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
SOLD:
TITLE:
SOLD
Property Area
AREA:
1040 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Apartment Sites, Apartment Sites
Development Approved
DEVELOPMENT APPROVAL:
17 premium apartments plus ground floor retail

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447 Bay Street, BRIGHTON, VIC 3186

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