Rarefied and Flexible Development Opportunity in Middle Brighton
Discover an outstanding investment or development prospect with this expansive combined park-side land spanning approximately 1,760sqm (the three lots are being offered together or individually). Ideally Positioned in Melbourne's most luxurious Bayside suburb, this is a truly rare and valuable proposition.
10 Alverna Grove - 580sqm (approx.) 12 Alverna Grove - 586sqm (approx.) 14 Alverna Grove - 583sqm (approx.)
With an impressive 55.3sqm (approx.) combined street frontage overlooking William Street Reserve, these lots are perfectly suited for constructing a premium apartment/townhouse development or multiple (or even one) luxurious family homes (all options subject to council approval).
Immersed in the essence of Bayside living, the location is close in proximity to Brighton's best retail boutiques and dining scene, transport, major arterial roads, the beaches of Port Philip Bay, and in-zone to some of Melbourne's esteemed schools including Brighton Grammar, Haileybury, St Leonards College and more.
This substantial and rare opportunity stands as a lucrative investment that not only presents countless possibilities but also offers an enviable lifestyle, ensuring substantial growth and consistently robust rental returns.
For further information, please contact the selling agents at Buxton or Colliers.
Buxton Adam Gillon: 0418 313 354 Stefan Whiting: 0411 473 153
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Brighton suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
23,252
Listing ID: 182394971. This listing has been viewed 1 time. It was first displayed on 22/03/2024 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.