357 Nepean HighwayBrighton East VIC 3187
Property Details for 357 Nepean Hwy, Brighton East
Last Listing description (October 2023)
First Time Offered In 26Yrs
Tsimos Commercial is delighted to offer this fantastic Brighton East corner opportunity for Private Sale
Opportunities like this don't come around very often. Strong tenancy history, the opportunity to modify into separate tenancies and or develop in future STPA.
This wonderful corner location offers prime exposure to Nepean Hwy and Cambridge St.
- Building 140m2 Approx
- Land 118m2 Approx
- Long Standing Tenant
- Current lease expires 30/06/25
- No Further Options however the tenant is keen to stay
- Current Rental return is $33,667pa plus gst plus outgoings
For more information please contact one of the agents below.
Matt Brown 0418 599 486
John Black 0419 341 986
Property History for 357 Nepean Hwy, Brighton East, VIC 3187
- 28 Sep 2023Sold for $850,000
- 09 Aug 2023Listed for Sale Contact Agent
- 03 May 2014Listed for Rent - Price not available
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0About Brighton East 3187
The size of Brighton East is approximately 5.7 square kilometres. It has 9 parks covering nearly 13.9% of total area. The population of Brighton East in 2011 was 15,813 people. By 2016 the population was 15,987 showing a population growth of 1.1% in the area during that time. The predominant age group in Brighton East is 40-49 years. Households in Brighton East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Brighton East work in a professional occupation. In 2011, 75.6% of the homes in Brighton East were owner-occupied compared with 74.5% in 2016.
Brighton East has 7,668 properties. Over the last 5 years, Houses in Brighton East have seen a 25.05% increase in median value, while Units have seen a 13.86% increase. As at 30 September 2024:
- The median value for Houses in Brighton East is $2,191,082 while the median value for Units is $1,100,860.
- Houses have a median rent of $1,000 while Units have a median rent of $700.
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