23 Church StreetBrighton VIC 3186
Property Details for 23 Church St, Brighton
Last Listing description (November 2023)
** SOLD **
Gross Waddell ICR is pleased to offer for sale via Expressions of Interest this land rich investment positioned within the heart of Melbourne's premier retail shopping strip Church Street, Brighton. 23-27 Church Street is considered one of Brighton's most prominent and highly desirable retail properties.
Rare opportunity to secure a landmark property with an established cash flow
Land bank opportunity with future re-development upside (STCA)
Substantial land holding of 552 sqm* with three street frontages
Three shops leased to two established tenants Waterfront Brighton and Eco D
Total rental of $357,600* p.a. net from two tenants
Significant frontage to Church Street of 16.8m*
Flexible Commercial 1 zoning
Surrounded by many of Australia's leading retailers
Church Street Melbourne's finest shopping strip known for its long history of low vacancies and strong rental growth
23-27 Church Street, Brighton is for sale via Expressions of Interest closing Thursday 16th November 2023 at 3pm.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Property History for 23 Church St, Brighton, VIC 3186
- 10 Nov 2023Sold for $9,950,000
- 17 Oct 2023Listed for Sale Contact Agent
Recent sales nearby
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0About 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 14,241 properties. Over the last 5 years, Houses in Brighton have seen a 7.61% increase in median value, while Units have seen a 12.80% increase. As at 31 January 2026:
- The median value for Houses in Brighton is $3,275,083 while the median value for Units is $1,174,730.
- Houses have a median rent of $1,348 while Units have a median rent of $750.
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