28F Carpenter Street, Brighton, VIC 3186 | Property Value & History | OnTheHouse
 
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28F Carpenter Street
Brighton VIC 3186

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Land area: 591m2
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Property Details for 28f Carpenter St, Brighton

Building Type
Commercial
Land Size
591m2
Local Government
Bayside
Lot/Plan
1/TP366415

Last Listing description (September 2022)

Fitzroys is delighted to offer for sale this substantial freehold investment located only 60 metres from Melbourne's Number 1 shopping strip - Church Street, Brighton via on-site Auction Thursday 15th September at 1pm.

This generational opportunity provides investors with the rare chance to acquire a prominent freehold investment with the benefit of renewed leases to high quality established Tenants.

The key attributes of this opportunity include:

- Exceptional land area of 589sqm* with unique side road access entered from Carpenter Street.
- Strategically located close to Melbourne's Number 1 shopping strip with extensive frontage of 15 metres and potential for activation of the rear boundary to a large public car park.
- 100% fully leased to long standing quality Tenants including Dorevitch Pathology, Brighton Smiles and Buxton Real Estate.
- Immaculately presented 2 level building of 504sqm*
- Total rent $257,833* per annum plus outgoings and GST.
- Renewed Leases with options through to October 2033 providing a strong income stream.
- Zoned Commercial 1 plus highly flexible Design and Development Overlay (DD 011) providing a magnitude of future re-development outcomes.
- Rear onsite parking for 10 cars at grade.
- Proximity to many leading retailers along Church Street including Scanlon and Theodore, Country Road, Husk, Kookai, Sportscraft, Nike, Mecca, Saba, Flannel, major banks, Woolworths, Coles, The Pantry and more.
- Abundance of public car parking available and underpinned by excellent transport services, first class education facilities and a strong local demographic.

28 Carpenter Street Brighton presents an outstanding opportunity to acquire sought-after freehold investment offered for the first time in 45 years and providing the successful purchaser a trophy investment close to a premier shopping strip known for its long history of low vacancies and strong rental growth.

*Approx.

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Property History for 28f Carpenter St, Brighton, VIC 3186

A timeline of how this property has performed in the market
Last Sold
$8,380,000
15 Sep 2022
Listed for Rent
19 Jul 1997
  • 15 Sep 2022
    Sold for $8,380,000
  • 15 Aug 2022
    Listed for Sale Contact Agent
  • 07 Dec 2005
    Sold for $2,255,000
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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 14,238 properties. Over the last 5 years, Houses in Brighton have seen a 9.63% increase in median value, while Units have seen a 11.07% increase. As at 30 November 2025:

  • The median value for Houses in Brighton is $3,207,489 while the median value for Units is $1,172,947.
  • Houses have a median rent of $1,350 while Units have a median rent of $760.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Brighton on OnTheHouse. According to Cotality's data, 686 properties were sold in the past 12 months in Brighton.

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