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Bendigo Bank,/5/50 Church Street
Brighton VIC 3186
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Sold on 27 Jun 2024

Bendigo Bank,/5/50 Church Street Brighton VIC 3186

  • Shop & Retail
  • 160 m²
  • Sold

Bendigo Bank Church Street Brighton - Land Tax Recovered

  • Longstanding Tenant
  • No Further Lease Terms
  • AAA+ Retail Location

Stonebridge Property Group is pleased to present for sale Bendigo Bank Church Street, Brighton (5/50 Church Street, Brighton).

The key highlights of the opportunity include:

- The AAA+ Church Street Brighton Investment is 100% tenanted by the longstanding (10+ years) ASX listed Bendigo & Adelaide Bank who boast a market cap of $6.24bn.

- Trading as Bendigo Bank the property acts as one of 500+ national branches that service more than 2.5 million customers.

- Bendigo Bank anchor the property on a 3 year net lease term

- With no further lease options, the property offers the opportunity to occupy or capitalise on anticipatedrental growth from February 2026

- A high exposure 160 sqm* retail space with the convenience of rear access and car parking.

- Church Street stands as one of Melbourne's best performing retail precincts, with significant demand resulting in low retail vacancy (currently 0%) and strong rental rates.

- Within the heart of Brighton, a blue-chip bayside suburb which rivals Toorak as Melbourne's most affluent (median house price: $3,152,000^)

- Blue chip retail position only metres from renowned retailers such as Country Road, 2XU, Hype DC, Coles and Mecca Cosmetica

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Chao Zhang
0411 625 068

*Approximately

Property Code: 973

Property Highlights

Date Sold27 Jun 2024
Floor Area160 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2019269124
Category
Last updated  27 Jun 2024
Map for Bendigo Bank,/5/50 Church Street Brighton VIC 3186

Property Highlights

Date Sold27 Jun 2024
Floor Area160 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2019269124
Category
Last updated  27 Jun 2024

Co-Agents

Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818
Chao Zhang 张超
Stonebridge Property Group VIC
Call
+61 411 625 068

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