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Development/Land For Sale or For Lease found in BRIGHTON, VIC 3186



Expressions of Interest Closing Wednesday 25 October at 2pm
Colliers International are pleased to offer this rare and unprecedented opportunity to acquire a significant development site in one of Melbourne’s finest suburbs. 5-7 Asling Street provides the opportunity to deliver an ultra-luxurious apartment or townhouse product.
• Total land area of 2,004m²*
• General residential zoning – schedule 2 under the Bayside Planning Scheme
• Situated in the Bay Street Activity Centre
• Excellent position opposite North Brighton train station
• Two adjoining house blocks which have potential to provide substantial holding income
• Only 80m from Bay Street, Brighton one of Melbourne’s best shopping villages which includes a Coles Supermarket, Palace Cinemas and host of other cafes, restaurants and specialty stores
• Positioned close to Brighton Grammar School, Firbank Grammar School and both Brighton Primary School and Elsternwick Primary School
• Easy access to Brighton Beach, which is only 1.5km* from the site
• May suit other uses including Childcare or Retirement Living (STCA)
• One of Melbourne’s most prestigious suburbs with a median
house price of $2,655,000** For more information about this ultra-luxury residential development site please contact the exclusive marketing agents at Colliers International. Hamish Burgess - 0421 641 497 Bryson Cameron - 0434 608 316 Ben Baines - 0438 328 407 Jun Lai ??? - 0456 535 000 * Approx ** Source REA Group

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Price: Contact Agent    Land: 2004m²    Occupancy: Vacant


Suburb Summary - Brighton, VIC 3186

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $12000 $669 5.57%
Retail $707
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.

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