Skip to main content
SearchBack to results
Sold on 30 Aug 2019

447 Bay Street Brighton VIC 3186

  • Development / Land
  • 1,040 m²
  • Sold

MAKE A SPLASH IN THIS EXCLUSIVE BRIGHTON LOCATION

  • Permit For Ultra Luxury Project
  • Significant Short Term Holding Income
  • The Ultimate Development Opportunity

Savills is thrilled to offer for sale this premium development opportunity located within one of Melbournes 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 Melbournes most prestigious residential locations with a median house price of $2,280,000^

*Approx.
^realestate.com.au

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

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015489946
Date Sold30 Aug 2019
Floor Area450 m²
Land Area1,040 m²
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  2 Sep 2019
Map for 447 Bay Street Brighton VIC 3186
Map for 447 Bay Street Brighton VIC 3186447 Bay Street Brighton VIC 3186
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

More Development / Land for Sale in Brighton VIC

10-12 Cochrane Street Brighton VIC 3186
Sold
10-12 cochrane street,brighton, VIC 3186
800 m²
Development / Land
126 A & D Martin Street Brighton VIC 3186
Sold
126 a & d martin street,brighton, VIC 3186
250 m²
Development / Land
6 - 8 Spink Street Brighton VIC 3186
Sold
6 - 8 spink street,brighton, VIC 3186
269 m²
Development / Land

Inspections are still happening

Contact Agent