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Savills - Melbourne

447 Bay Street Brighton, VIC 3186

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447 Bay Street,
Brighton, VIC 3186

Development Sites & Land • Shops & Retail

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Savills - Melbourne
Benson Zhou
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
447 Bay Street
Brighton, VIC 3186

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Map of 447 Bay Street

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

Property ID: 503278562Last Updated: 29 Jan 2021

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Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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