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Savills - Melbourne

108 Martin Street Brighton, VIC 3186

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108 Martin Street,
Brighton, VIC 3186

Shops & Retail • Development Sites & Land

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Savills - Melbourne
Benson Zhou
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
108 Martin Street
Brighton, VIC 3186

Map of 108 Martin Street

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The Ultimate Brighton Investment with Upside

  • 5-Year Lease No Options
  • Current Net Rent $312,884pa
  • Absolute Prime Bayside Landholding
Savills is delighted to offer for sale this absolute premium Bayside investment with significant future upside, perfectly positioned in Melbourne’s prestigious Bayside suburb of Brighton.

Key attributes of this remarkable opportunity are:
• High End Residential Aged Care Home ‘Hamble Court’
• Facility comprises 29 private bedrooms all with ensuites
• Spectacular 1,676sq m* Brighton landholding
• 5 year lease from 1 April 2020 with no options
• Leased to long term tenant who has been in occupation for 15 years
• Current net rent of $312,448 per annum* plus GST & Outgoings
• Land tax exempt asset class^
• General Residential zoning providing significant development potential
• Prominent frontage of 27 metres* to Martin Street
• Property adjoins the renowned and extremely popular Martin Street Retail Village
• Stunning Bayside location surrounded by every imaginable amenity!
*Approx.
^ www.sro.vic.gov.au/landtaxexemptions#residential-care

For further information or to secure an inspection time please contact the sales team at Savills:
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

Property ID: 503817930Last Updated: 1 Oct 2021

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
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