Sold
The Best of Brighton Can Now Be Yours!
60 Church Street, Brighton VIC
Stonebridge Property Group is pleased to present for sale 60 Church Street, Brighton.
The key highlights of the opportunity include:
- A trophy Church Street freehold in one of Australia’s strongest suburban retail positions leased to a national powerhouse tenant.
- Gazman, one of Australia’s most recognisable brands (established in 1989), lease the property on a 5-year term with no further options from 2027.
- The flexible lease provides potential site access by 2027 (if desired) and scope to capitalise on anticipated rental growth.
- Providing annual income of $167,140* + GST + Outgoings (a summary of recent rental evidence can be provided upon request)
- Positioned on a substantial and underutilised 230sqm* Commercial 1 Zoned landholding with rear access and on-title car parking/surplus land.
- Centrally located in one of Australia’s best retail strips (currently 0% retail vacancy), adjoining national retailers including Mecca Cosmetica, Yochi, Vintage Cellars and Westpac
- Proven position only metres from Woolworths Middle Brighton and a host of recognised operators including Half Moon, White Rabbit and Laurent
- Situated in the prestigious bayside suburb of Brighton ($3.15 million median house price), servicing a highly affluent customer demographic together with strong tourism
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximately