105 Carpenter Street

Brighton VIC 3186

House

Currently for sale - view listing

Overview

Character Filled Brighton Commercial Freehold Offering a High-Yielding Return

Significant Income Profile Excellent Tenant Mix Ability to Further Value-Add Kay & Burton Bayside and Gross Waddell ICR, under the instructions of Transaction Manager Advise Transact, are pleased to present 105-107 Carpenter Street, Brighton - a rare opportunity to acquire a character filled commercial freehold in the tightly held bayside location. Offering significant income returns, this commercial freehold boasts historical charm and strong income diversity ideal for investors seeking a high yielding investment with further value-add potential or future development potential (STCA). Substantial two-storey commercial freehold with 623 sqm* of architectural character and quality upgrades Significant income profile with a passing net income of $231,019 per annum* Potential fully let income of $268,371 net pa* Excellent tenant mix offering strong rental history to long established tenants Thoughtfully designed landscaped courtyards, breezeways, and abundant natural light throughout Idyllic retail and lifestyle amenity on the doorstep being metres to North Brighton Station and Bay Street retail village 671 sqm* General Residential Zone 2 (GRZ2) landholding within the proposed Train and Tram Activity Centre, allowing future development up to 4 or more levels (STCA) Surrounded by some of Melbourne's most prestigious schools including Firbank Grammar, Brighton Primary and Brighton Grammar Located in the heart of Brighton boasting a median house price of $3,200,000 (source REIV) 105-107 Carpenter Street represents an exceptional opportunity to invest in one of Melbourne's most tightly held commercial pockets. For further information or to organise a personalised tour of the property, please contact the teams at Gross Waddell ICR or Kay and Burton. Kay & Burton Bayside: Jia Teresa Wizel - 0478 774 788 Alex Schiavo - 0419 239 549 Gross Waddell ICR: Danny Clark - 0448 066 8... Alex Ham - 0410 545 2... Glenn Ye - 0400 880 3... Transaction Management By Advise Transact *approx.