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447 Bay Street, BRIGHTON VIC, 3186

Sold
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Property Sold in 447 Bay Street, BRIGHTON VIC, 3186

Listing ID:
11356170
Status:
Sold
Last Updated:
01/10/2019
Price:
SOLD
Icon building

Property Type

Land/Development/Land/Development/Retail
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Land Area

1040 SQM
Icon size

Floor Area

450 SQM
Icon parking

Parking

N/A

MAKE A SPLASH IN THIS EXCLUSIVE BRIGHTON LOCATION

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^

SOLD

*Approx.
^realestate.com.au

For further information please contact:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Glenn Ye - 0476 938 888

For more details, please email agent

Savills Melbourne

Level 29, South Tower, 80 Collins Street, , Melbourne, VIC 3000


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