1A Esplanade Avenue Brighton VIC 3186

Phone enquiries - please quote property ID 34228.

Expressions of Interest Welcome

Unlock a treasure trove of potential with this unique property, featuring approved plans and permits for three contemporary townhouses with versatile residential and commercial spaces. This property offers a range of opportunities:

Develop Existing Plans: Utilize the approved plans to develop three contemporary townhouses.
Expand Further: Apply with the council for additional heights, potentially accommodating more dwellings (STCA).
Mixed-Use Modification: Modify the existing footprint to create a dwelling upstairs and a business downstairs (STCA).

Property Features:
Current Residence: A family home in a prime location, offering breathtaking panoramic views of Brighton Beach from the first floor. The home includes:

* Two spacious living areas
* Three bedrooms plus a study
* Master suite with ensuite and walk-in robe
* Additional central bathroom upstairs
* Ground level toilet and small bathroom

Leased Until August: The property is currently leased, offering an opportunity for new owners to either renew the lease or commence development.

Ideal For:
Developers: Take advantage of approved plans and the potential for further expansion.

Owner-Operators: Perfect for running a business downstairs while living upstairs, with the potential to convert the ground floor into a small restaurant (STCA).

Investors: Prime vacation rental opportunities in Brighton’s bustling tourist hub, with minor renovations (STCA) to accommodate dual-purpose use.

Location Benefits:
Prestigious Precinct: Positioned between Xavier’s Kostka campus and the beachfront, offering a balance of convenience and privacy.

Beachside Living: Only 150m from the beach, with a friendly local shopping strip around the corner and Brighton Beach station within a short walk.

Seize this multi-purpose property with endless possibilities. Contact us today to express your interest and secure this prime development opportunity in Brighton.

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