387 Bay Street, Brighton, VIC 3186 sold on 23 June 2025 | OnTheHouse
SOLD
Sold on 23 Jun 2025 for $1,626,000

387 Bay Street
Brighton VIC 3186

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 33m2
Land area: 186m2
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Property Details for 387 Bay St, Brighton

Building Type
Commercial
Floor Size
33m2
Land Size
186m2
Local Government
Bayside
Lot/Plan
1/TP710619

Last Listing description (May 2022)

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.

Property History for 387 Bay St, Brighton, VIC 3186

A timeline of how this property has performed in the market
Last Sold
$1,626,000
23 Jun 2025
Listed for Rent
16 Feb 2017
  • 23 Jun 2025
    Sold for $1,626,000
  • 30 Apr 2022
    Sold for $2,050,000
  • 03 Mar 2022
    Listed for Sale Contact Agent
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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 14,237 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:

  • 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 27 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.

Suburb Insights for Brighton 3186

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.