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8-12/8-12 Were Street, Brighton VIC 3186

$9,000,000

Development Sites 3305 m² 2038 m²
Listed: 5 days ago
Updated: 21 hours ago
Overview

This expansive development site at 8-12 Were Street, Brighton, presents a rare opportunity for investors or developers to complete a substantial luxury residential project. Spanning a significant 3,305 square meters with a generous frontage of approximately 31 meters, this site is situated in a highly sought-after beachside locale just 200 meters from Brighton Beach.

The project is well advanced, with construction currently beyond the framing stage, enabling prospective buyers to capitalize on the progress already made. The approved development comprises six premium residences, including five four-bedroom homes and one five-bedroom home, each thoughtfully designed to maximize space and privacy. Combined, these residences offer a net saleable area of over 2,000 square meters, incorporating garages, private gardens, terraces, and pools across individual land parcels ranging from 340 to 703 square meters.

Strategically positioned in Brighton's premium pocket, the site benefits from proximity to excellent public transport, being only 250 meters from Brighton Beach Train Station, and offers convenient access to local amenities such as Church Street and Bay Street retail and dining precincts. Moreover, the location is surrounded by prestigious educational institutions including Brighton Grammar, St Leonard’s College, and Haileybury Brighton, enhancing its appeal to discerning families and residential developers aiming for a high-end market.

This property is particularly suited for developers and investors looking to complete a high-end residential project in a prime coastal setting, with the well-progressed construction stage offering a desirable balance of reduced development risk and flexibility in finalizing design and finishes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Brighton VIC 3186
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