131 Were Street Brighton VIC 3186

Invest in an iconic street-front property in the bustling Were Street, Brighton location.

This vibrant retail strip is home to the popular Olie & Ari Café, an Australia Post office, a pharmacy, as well as skin and hairdressing salons.

Currently in the second year of a 5 + 5-year lease, this property offers a 46m² * space, plus a 4m² * kitchenette and WC. It is occupied by Brighton Physiotherapy, a practice operating six days a week.

As an investment, this property delivers exceptional returns:

$36,050.00 annual rental income
Plus, all outgoings
Contracted 3% annual rental increase
Next rental increase effective June 15, 2025
Lease Term Commencement 15/6/2024
Term Expires 14/6/2028
One Further Term Five (5) Years

Constructed circa 1952, this solid brick building has been rewired in the last 12 months. Features include:

Independently metered water and electricity
Alarm system with keypad
Exterior security camera
NBN connection
Spacious amenity area
Reverse-cycle Daikin unit
Kitchenette and WC

Situated in a sought-after neighborhood, Were Street Village is a favorite among Bayside locals. Its proximity to The Brighton Grocer supermarket and position between Church Street and Hampton Street make it a dynamic, evolving precinct that attracts a growing and discerning clientele.

For further information please contact our Agents.

*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.