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.
