199-215 New Street (Cnr Park Street), Brighton, VIC 3186

Development/Land | Medical | Other



  • Property ID: 441186
  • Floor Area: 2245m²
  • Land Area: 4670m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 27/03/2024 2245m2 4670m2 Contact Agent

Vinci Carbone and Gorman Commercial proudly present 199-215 New Street (Cnr Park Street), Brighton - a property that is not just significant, but also strategically positioned in one of Melbourne’s most sought-after suburbs.

Nestled in the heart of Brighton, this magnificent landholding of 4,670 sqm* is situated in the affluent inner bayside area. With a median house price of $3,000,000, Brighton is renowned for its luxurious estates and offers a lifestyle that is second to none. Imagine waking up to the stunning views of the waterfront suburb and indulging in the finest that Melbourne has to offer.

Key highlights:

Expansive 4,670 sqm* landholding with dual frontage to New and Park Streets, offering great visibility.
Excellent corner location boasting 129 metres* of street frontage.
Former Marine Hotel which features a two-level freehold building, a former drive through bottle shop and an expansive 70 space* car park.
This enticing property is being offered with vacant possession, enabling immediate development or utilisation for various purposes, including upscale residential, medical, retirement living, aged care facilities or education (STCA).
The presence of renowned private schools, upscale shopping precincts and fine dining establishments solidifies Brighton’s reputation as a haven for the wealthy. With its exclusive amenities, lavish lifestyle and a strong sense of community, Brighton remains a symbol of affluence within the vibrant city of Melbourne.
In the Bayside area, there are limited properties available for purchase that exceed 1 acre. This site is exceptionally rare because it is one of the few parcels of land that is expected to be available in the foreseeable future, taking into account the limitations and constraints of other properties.

Education is highly regarded in Brighton, with prestigious private schools such as Brighton Grammar, St Leonards College, Firbank Grammar School and Haileybury operating within the suburb.

In addition, Brighton is host to various retirement villages and aged care facilities, including but not limited to The Crescent Brighton, The Granton Brighton, The Brighton on Bay, Mayflower Brighton, Blue Cross Sheridan Hall and Vasey RSL Care Brighton East.

Cabrini Hospital and Epworth Brighton are also conveniently situated within close proximity to the property.

With this remarkable 1-acre + site at your fingertips, you have the chance to bring your vision to life and make a lasting impact in this sought-after community.

We welcome your further interest in this outstanding opportunity in the heart of Brighton.



Additional Information
  • Car Spaces: 70
Brighton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $197 ---
Retail $9530 $624 6.54%
Offices $10694 $827 7.73%
This is the average advertised price, rent and yield for Brighton, VIC 3186*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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