424 New Street, Brighton, VIC 3186 | Property Value & History | OnTheHouse
 
OFF MARKET

424 New Street
Brighton VIC 3186

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 491m2
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Property Details for 424 New St, Brighton

Building Type
Commercial
Land Size
491m2
Local Government
Bayside
Lot/Plan
1/PS710465

Last Listing description (October 2022)

Centre-stage in an architectural retail development from McKimm Builders, this award-wining purpose-built shopfront promises investment and business success with highest quality construction, iconic design and a blue-chip Brighton position.

NEW 7 year Lease in place with 4 x 5 year options through to 2049.
Annual Rental:
$105,150.00 + GST + Outgoings.
The tenant is an established cafe who has been there since 2018.

Food premises registration, liquor licence 160sqm* interior space, 60sqm* outdoors 3 sets of WC facilities, 2-cars -13.75sqm*. Glass, concrete & a creative landscape between Golden Mile & Martin St Village Sweeten your business vision.

Permit for 12 additional kerbside seats, State-of-the-art kitchen, sleek servery McKimm's signature Modernist aesthetic Blue-chip "destination" strip location on the well-travelled private school route. Make a well-rounded investment.

Savour good design and a great location with award-winning McKimm design!
* Approx

To arrange an inspection or for further information please contact:
James Davie 0412 209 696
David Bancroft 0418 318 747
Office 9532 6088

NB
All prices exclude GST and Outgoings unless otherwise stated and all sizes are approximate.

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 75 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Please feel free to contact us to discuss your commercial property needs.

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Property History for 424 New St, Brighton, VIC 3186

A timeline of how this property has performed in the market
Last Sold
$2,188,000
28 May 2022
Listed for Rent
07 Jun 2016
  • 28 May 2022
    Sold for $2,188,000
  • 29 Nov 2021
    Listed for Sale Price on Application
  • 07 Jan 2019
    Listed for Sale POA
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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, 699 properties were sold in the past 12 months in Brighton.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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