Amazing opportunity to buy a high yielding retail and residential investment in Bay Street, Brighton!
At 387 Bay Street Brighton you get 3 income streams, excellent market rental growth upside and a blue chip location. You can't go wrong by buying in a suburb like Brighton.
The key investment highlights include:
* Profile retail shop + 1st floor apartment + studio
* Long established retail tenant - Queen of Fabric
* Tenanted first floor occupancies in excellent modern condition
* Total rental: $80,096 p.a. + GST
* Potential to grow total rental to $90,000pa (approx)
* Wonderful landholding of 186sqm*
* Rear laneway access to single garage / storage
* Located in the prime retail area opposite Coles supermarket
* Close to Chemist Warehouse and North Brighton train station
* Brighton has a median house price of $3,380,000
For further details or to arrange an inspection please contact:
Julian Vautin 0420 406 660
Matt Nichols 0418 186 488
OPEN FOR INPSECTION: By appointment
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
*All enquirers must provide a contact number if they wish to be contacted.
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 14,237 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:
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