1A Esplanade Avenue, Brighton, VIC 3186

Other | Development/Land

For Sale EXPRESSIONS OF INTEREST

  • Property ID: 446503
  • Floor Area: 431m²
  • Land Area: 431m²
  • Occupancy: Vacant
Residential & Commercial Zoning Opportunity - Blue Chip Location

Phone enquiries - please quote property ID 34228.

Expressions of Interest Welcome

Unlock a treasure trove of potential with this unique property, featuring approved plans and permits for three contemporary townhouses with versatile residential and commercial spaces. This property offers a range of opportunities:

Develop Existing Plans: Utilize the approved plans to develop three contemporary townhouses.
Expand Further: Apply with the council for additional heights, potentially accommodating more dwellings (STCA).
Mixed-Use Modification: Modify the existing footprint to create a dwelling upstairs and a business downstairs (STCA).

Property Features:
Current Residence: A family home in a prime location, offering breathtaking panoramic views of Brighton Beach from the first floor. The home includes:

* Two spacious living areas
* Three bedrooms plus a study
* Master suite with ensuite and walk-in robe
* Additional central bathroom upstairs
* Ground level toilet and small bathroom

Leased Until August: The property is currently leased, offering an opportunity for new owners to either renew the lease or commence development.

Ideal For:
Developers: Take advantage of approved plans and the potential for further expansion.

Owner-Operators: Perfect for running a business downstairs while living upstairs, with the potential to convert the ground floor into a small restaurant (STCA).

Investors: Prime vacation rental opportunities in Brighton’s bustling tourist hub, with minor renovations (STCA) to accommodate dual-purpose use.

Location Benefits:
Prestigious Precinct: Positioned between Xavier’s Kostka campus and the beachfront, offering a balance of convenience and privacy.

Beachside Living: Only 150m from the beach, with a friendly local shopping strip around the corner and Brighton Beach station within a short walk.

Seize this multi-purpose property with endless possibilities. Contact us today to express your interest and secure this prime development opportunity in Brighton.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Brighton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $869 ---
Retail $7513 $769 10.24%
Industrial --- $197 ---
This is the average advertised price, rent and yield for Brighton, VIC 3186*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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