108 Martin Street Brighton VIC 3186

Savills is delighted to offer for sale this absolute premium Bayside investment with significant future upside, perfectly positioned in Melbourne's prestigious Bayside suburb of Brighton.

Key attributes of this remarkable opportunity are:
High End Residential Aged Care Home 'Hamble Court'
Facility comprises 29 private bedrooms all with ensuites
Spectacular 1,676sq m* Brighton landholding
5 year lease from 1 April 2020 with no options
Leased to long term tenant who has been in occupation for 15 years
Current net rent of $312,448 per annum* plus GST & Outgoings
Land tax exempt asset class^
General Residential zoning providing significant development potential
Prominent frontage of 27 metres* to Martin Street
Property adjoins the renowned and extremely popular Martin Street Retail Village
Stunning Bayside location surrounded by every imaginable amenity!
*Approx.
^ www.sro.vic.gov.au/landtaxexemptions#residential-care

For further information or to secure an inspection time please contact the sales team at Savills:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655