** SOLD **
Gross Waddell ICR is pleased to offer for sale via Expressions of Interest this land rich investment positioned within the heart of Melbourne’s premier retail shopping strip – Church Street, Brighton. 23-27 Church Street is considered one of Brighton’s most prominent and highly desirable retail properties.
• Rare opportunity to secure a landmark property with an established cash flow
• Land bank opportunity with future re-development upside (STCA)
• Substantial land holding of 552 sqm* with three street frontages
• Three shops leased to two established tenants – Waterfront Brighton and Eco D
• Total rental of $357,600* p.a. net from two tenants
• Significant frontage to Church Street of 16.8m*
• Flexible Commercial 1 zoning
• Surrounded by many of Australia’s leading retailers
• Church Street – Melbourne’s finest shopping strip known for its long history of low vacancies and strong rental growth
23-27 Church Street, Brighton is for sale via Expressions of Interest closing Thursday 16th November 2023 at 3pm.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
