Gross Waddell ICR and Kay & Burton Bayside, under the instructions of Transaction Manager Advise Transact, are pleased to present 105-107 Carpenter Street, Brighton - a rare opportunity to acquire a character filled commercial freehold in the tightly held bayside location. Offering significant income returns, this commercial freehold boasts historical charm and strong income diversity ideal for investors seeking a high yielding investment with further value-add potential or future development potential (STCA).

• Substantial two-storey commercial freehold with 623 sqm* of architectural character and quality upgrades

• Significant income profile with a passing net income of $211,631 per annum*

• Potential fully let income of $268,371 net pa*

• Excellent tenant mix offering strong rental history to long established tenants

• Thoughtfully designed landscaped courtyards, breezeways, and abundant natural light throughout

• Idyllic retail and lifestyle amenity on the doorstep being metres to North Brighton Station and Bay Street retail village

• 671 sqm* General Residential Zone 2 (GRZ2) landholding within the proposed Train and Tram Activity Centre, allowing future development up to 4 or more levels (STCA)

• Surrounded by some of Melbourne’s most prestigious schools including Firbank Grammar, Brighton Primary and Brighton Grammar

• Located in the heart of Brighton boasting a median house price of $3,200,000 (source REIV)

105-107 Carpenter Street represents an exceptional opportunity to invest in one of Melbourne’s most tightly held commercial pockets. For further information or to organise a personalised tour of the property, please contact the teams at Gross Waddell ICR or Kay and Burton.

Gross Waddell ICR:
Danny Clark - 0448 066 889
Alex Ham - 0410 545 226
Glenn Ye 叶格林 - 0400 880 388

Kay & Burton Bayside:
Jia Teresa Wizel - 0478 774 788
Alex Schiavo - 0419 239 549

Transaction Management By
Advise Transact

*approx.