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Back 60 Cole Street
Off Market

60 Cole Street

Brighton VIC 3186

1030 m²
Land
Last sold for $4,800,000
John ClarksonJohn Clarkson, last sold this property on 30 May 2025 after 23 days on market.

Overview

A Blue Chip Opportunity in Coveted Location

Presenting a rare opportunity in a coveted North Brighton locale, this low-rise group of 1960s apartments, set on approximately 1,030sqm of prime land, is offered for the first time since its construction. This blue-chip property provides an unrivalled chance to create a new luxury home with the potential to pursue one or two opulent family residences, or a boutique development (STCA), all in an enviable beachside setting. Cole Street is often regarded as the ‘literal Golden Mile of Melbourne,’ boasting a 1.6 km stretch of prestigious real estate that runs from Brighton’s iconic beachfront to Gardenvale. With exceptional access to the very amenities that define Bayside living, you’ll be near the sparkling waterfront, lush parklands, leading schools, Martin Street village, trendy cafes, gourmet food stores, and public transport, with Elwood’s vibrant attractions just moments away. While the existing two-bedroom apartments are fully livable, providing an option for interim rental income, the true potential lies in reimagining this space to meet the growing demand for high-end beachside living. Whether you envision a magnificent family estate complete with a basement, swimming pool, and tennis court, or a pair of grand residences, or even an upscale lifestyle development (STCA), this is a future-proof investment. With its sweeping frontage, expansive dimensions, and sunlit northern aspect, this property is a canvas for realising your vision in one of Melbourne’s most sought-after locales. Seize your position on Cole and secure a once-in-a-lifetime opportunity to shape the future of luxury living in Bayside. For more information about this expansive new home or development opportunity please contact John Clarkson at Buxton Brighton on 0408 153 045.

Features

1030 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Brighton over the last 12 months, the estimated median property value of 60 Cole Street is $4.5m.

Median value
$4.5m
Estimated value range
$1.4m - $8.25m
Median days on market
48
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Brighton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 60 Cole Street

2025
Sold
$4,800,000
30 May 2025 by John Clarkson, of Buxton Brighton

Happy sellers in Brighton

75%
75% of sellers in Brighton reported that their sale price either exceeded or met their price expectations.

Brighton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 84 reviews in Brighton over the last 12 months.

Local market activity for land plots in Brighton

In the last 12 months, 9 land plots similar to 60 Cole Street, have been sold.

This represents a 60% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Brighton

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Nick Johnstone

Nick Johnstone is an award winning recommended agent for Brighton.  They have 29 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (588 reviews)
  •  21 Reviews in Brighton
  •  29 Sales in Brighton
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Halli Moore

Sellers who recommend Halli Moore have praised them for being local expert, clear communication, honest, reliable, friendly, pleasant and trustworthy

  •   5   (191 reviews)
  •  15 Reviews in Brighton
  •  27 Sales in Brighton
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Michelle Gagêt

Sellers who recommend Michelle Gagêt have praised them for being clear communication, local expert, well-prepared, friendly, supportive, responsive and easy to work with

  •   5   (86 reviews)
  •  9 Reviews in Brighton
  •  1 Sale in Brighton
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Tamara Penno

Sellers who recommend Tamara Penno have praised them for being local expert, well-prepared, clear communication, friendly, dedicated, hard-working and detail-oriented

  •   5   (29 reviews)
  •  6 Reviews in Brighton
  •  8 Sales in Brighton
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