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

UNPRECEDENTED BRIGHTON DEVELOPMENT SITE

Development/Land

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 PRICE GUIDE

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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