108 Martin Street,
Brighton, VIC 3186

Shops & Retail • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Savills - Melbourne

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

108 Martin Street

Brighton, VIC 3186

Map of 108 Martin Street

Directions

The Ultimate Brighton Investment with Upside

5-Year Lease No Options
Current Net Rent $312,884pa
Absolute Prime Bayside Landholding

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 8...
Julian Heatherich - 0412 995 6...

Property ID: 503817930Last Updated: 1 Oct 2021

This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Savills - Melbourne

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