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92-94 Church Street
Brighton VIC 3186
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Sold on 21 Mar 2019

92-94 Church Street Brighton VIC 3186

  • Shop & Retail
  • 280 m²
  • Sold

A GENERATIONAL CHURCH STREET BRIGHTON TROPHY INVESTMENT

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OVERVIEW

+ 5 year "triple net" lease to Westpac (market cap: $90bn*), who refitted the building in 2018, with NO further options remaining after 2022

+ Net annual income of $264,992* (from 21st June 2019) + GST with ALL outgoings (including land tax on a single holding basis) paid by the tenant

+ Dual fronted prime landholding with rear access to council car park

LOCATION

+ Centrally located in one of Australia's best retail strips (less than 1% vacancy rate*), adjoining national retailers including Vintage Cellars and Woolworths and just 100 metres* to Middle Brighton Train Station

+ Situated in the prestigious bayside suburb of Brighton, servicing a highly affluent customer demographic together with strong tourism

"Your opportunity to invest in a publicly listed tenant whilst having the added flexibility to occupy or develop for retail/office/residential (STCA) from 2022"

For further information contact:

CBRE

Jing Jun Heng
+61 411 059 116

Sandro Peluso
+61 418 389 757

Iles

Matthew Iles
+61 412 081 502

Richard Seeley
+61 412 546 346

*approx

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold21 Mar 2019
Floor Area280 m²
Land Area312 m²
ParkingOn site parking available
Property ID2017231835
Category
Last updated  19 Jan 2024
Map for 92-94 Church Street Brighton VIC 3186

Nearest transport* to 92-94 Church Street Brighton VIC 3186

Bus
Train
Tram
Ferry
Munro St/Well St (Brighton)101 m
Middle Brighton Railway Station/Church St (Brighton)129 m
Church St/Male St (Brighton)160 m
Middle Brighton Station/Male St (Brighton)163 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold21 Mar 2019
Floor Area280 m²
Land Area312 m²
ParkingOn site parking available
Property ID2017231835
Category
Last updated  19 Jan 2024

Listed by

More about 92-94 Church Street Brighton VIC 3186

92-94 Church Street Brighton VIC 3186 is categorized as Shop & Retail Property. It has a floor area of 280 m² and a land area of 312 m². The listing ID for this property is 2017231835.

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