Stonebridge Property Group is pleased to present for sale 60 Church Street, Brighton.
The key highlights of the opportunity include:
- A trophy Church Street freehold in one of Australia's strongest suburban retail positions leased to a national powerhouse tenant.
- Gazman, one of Australia's most recognisable brands (established in 1989), lease the property on a 5-year term with no further options from 2027.
- The flexible lease provides potential site access by 2027 (if desired) and scope to capitalise on anticipated rental growth.
- Providing annual income of $167,140* + GST + Outgoings (a summary of recent rental evidence can be provided upon request)
- Positioned on a substantial and underutilised 230sqm* Commercial 1 Zoned landholding with rear access and on-title car parking/surplus land.
- Centrally located in one of Australia’s best retail strips (currently 0% retail vacancy), adjoining national retailers including Mecca Cosmetica, Yochi, Vintage Cellars and Westpac
- Proven position only metres from Woolworths Middle Brighton and a host of recognised operators including Half Moon, White Rabbit and Laurent
- Situated in the prestigious bayside suburb of Brighton ($3.15 million median house price), servicing a highly affluent customer demographic together with strong tourism
60 Church Street, Brighton is offered for sale via Public On-site Auction on Thursday 27th June 2024 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong ???
0422 848 818
Chao Zhang ??
0411 625 068
* Approximately
Property Code: 969