94 Church StreetBrighton VIC 3186
Property Details for 94 Church St, Brighton
Last Listing description (September 2021)
OVERVIEW
+ 5 year "triple net" lease to Westpac (market cap: $90bn*), who refitted the building in 2018, with NO further options remaining after 2022
+ Net annual income of $264,992* (from 21st June 2019) + GST with ALL outgoings (including land tax on a single holding basis) paid by the tenant
+ Dual fronted prime landholding with rear access to council car park
LOCATION
+ Centrally located in one of Australia's best retail strips (less than 1% vacancy rate*), adjoining national retailers including Vintage Cellars and Woolworths and just 100 metres* to Middle Brighton Train Station
+ Situated in the prestigious bayside suburb of Brighton, servicing a highly affluent customer demographic together with strong tourism
"Your opportunity to invest in a publicly listed tenant whilst having the added flexibility to occupy or develop for retail/office/residential (STCA) from 2022"
For Sale via Public On-Site Auction Thursday 21st of March at 12.30pm
For further information contact:
CBRE
Rorey James
+61 439 400 081
Jing Jun Heng
+61 411 059 116
Sandro Peluso
+61 418 389 757
Iles
Matthew Iles
+61 412 081 502
Richard Seeley
+61 412 546 346
*approx
Property History for 94 Church St, Brighton, VIC 3186
- 02 Sep 2021Listed for Sale SOLD - $6,900,000
- 21 Mar 2019Sold for $6,900,000
- 15 Feb 2019Listed for Sale Not Disclosed
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 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.
Suburb Insights for Brighton 3186
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