131 Were Street, Brighton, VIC 3186 sold on 26 July 2025 | OnTheHouse
 
SOLD
Sold on 26 Jul 2025 - Price Unavailable

131 Were Street
Brighton VIC 3186

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 46m2
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Property Details for 131 Were St, Brighton

Building Type
Commercial
Floor Size
46m2

Last Listing description (July 2025)

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.

The property offers a total floor size of 50sqm* including a near new kitchenette and WC. It is occupied by Brighton Physiotherapy, a practice operating six days a week.

As an investment, this property delivers an exceptional return and is currently leased with the term expiring on 14th June 2028 with one further Term of Five (5) Years.
The current rental is $37,131.00 per annum plus outgoings and GST.

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.

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Property History for 131 Were St, Brighton, VIC 3186

A timeline of how this property has performed in the market
Last Sold
26 Jul 2025
  • 26 Jul 2025
    Sold for $730,000
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About Brighton 3186

The size of Brighton is approximately 8.4 square kilometres. It has 22 parks covering nearly 10.9% of total area. The population of Brighton in 2016 was 23253 people. By 2021 the population was 23252 showing a stable population in the area during that time. The predominant age group in Brighton is 50-59 years. Households in Brighton are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Brighton work in a professional occupation.In 2021, 73.20% of the homes in Brighton were owner-occupied compared with 72.10% in 2016.

Brighton has 14,239 properties. Over the last 5 years, Houses in Brighton have seen a 9.78% increase in median value, while Units have seen a 12.90% increase. As at 31 December 2025:

  • The median value for Houses in Brighton is $3,251,100 while the median value for Units is $1,190,295.
  • Houses have a median rent of $1,390 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 9 properties listed for rent in Brighton on OnTheHouse. According to Cotality's data, 699 properties were sold in the past 12 months in Brighton.

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James Davie
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Kirsty Venning
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DBRE - Moorabbin
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