199 New Street, Brighton, VIC 3186 sold on 27 March 2025 | OnTheHouse
 
SOLD
Sold on 27 Mar 2025 for $22,650,000

199 New Street
Brighton VIC 3186

Bedrooms: -
Bathrooms: -
Car spaces: 70
Land area: 1737m2
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Property Details for 199 New St, Brighton

Building Type
Commercial
Land Size
1737m2
Local Government
Bayside
Lot/Plan
1/TP514158

Last Listing description (October 2023)

Over 1 acre (4,670sqm*) of premium residential zoned Brighton land

Situated within the heart of Brighton, one of Melbourne's most prestigious suburbs

Within walking distance of the bustling Church Street shopping precinct & Brighton Yacht Club

Significant holding income to established tenant with fixed annual increases of 3%

Current passing income of $641,540 pa* (as of 14th July 2017)

Current net income of $533,540 pa* (as of 14th July 2017)

CBRE
Mark Wizel
+61 409 809 868

Will Connolly
+61 432 116 287

Justin Dowers
+61 438 098 805

VINCI CARBONE
Joseph Carbone
+61 418 351 316

Frank Vinci
+61 418375 375

*Approx

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Property History for 199 New St, Brighton, VIC 3186

A timeline of how this property has performed in the market
Last Sold
$22,650,000
27 Mar 2025
  • 27 Mar 2025
    Sold for $22,650,000
  • 07 Jun 2017
    Sold for $15,800,000
  • 25 Mar 2017
    Listed for Sale EXPRESSIONS OF INTEREST
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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 14,238 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 26 properties listed for sale, and 9 properties listed for rent in Brighton on OnTheHouse. According to Cotality's data, 700 properties were sold in the past 12 months in Brighton.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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