Take part in the transformation of Bayside's most future-forward Activity Zone location. Located in the very heart of Brighton with GRZ2 zoning and a Bay Street Activity Zone address, this substantial landholding of approx 712.6sqm property has exceptional development potential today (Subject to Council Approval)...and even bigger prospects for tomorrow with planned redefinition under one of the Victorian Government's new Major Activity Centres.
Situated within 100m of Bay St's retail and rail strip, and one block to North Brighton station amongst proven projects and luxurious residences, this prime site is ready to meet strong demand for opulent lock-and-leave apartment living within steps of the bars, bistros, boutiques and cinema on Bay St. Ideally positioned to provide the lifestyle favored by downsizing local buyers...and the easy commute preferred by young professionals hoping to upscale to a blue-chip Brighton address, the property is at the heart of a thriving lifestyle precinct with easy access to the Martin St and Church retail hubs and the famous Dendy St bathing box beach.
Alternatively, look to the longer term and hold this position to meet the changing development landscape. This next generation of higher-density planning regulations is designed to meet the needs of a new generation of Bayside residents keen to live within a 23 minute commute of the CBD, a walk of the famous Golden Mile boardwalks, and an easy beachfront drive to the CBD. Walking distance to elite private schools, including Firbank and Brighton Grammar School, the property is minutes to North Road and Nepean Highway....offering accessibility beyond many other city fringe locales.
Craft a boutique development today for immediate rewards in this proven position. Landbank for tomorrow and be rewarded by a new era of growth. But don't overlook the immediate value in the existing three bedroom home with garage. It's perfect to polish to rent and pay its way until the future becomes reality.
