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250 Esplanade - Quest Brighton On The Bay 1,862 SF Office/Retail Condo Unit Offered at $844,656 in Brighton, VIC 3186
Investment Highlights
- Prime beachside location opposite Brighton Yacht Club and Middle Brighton Baths.
- Seven secure underground car parks with direct rear access.
- Significant property-wide refurbishment of approximately $1.7 million underway.
- Approximately 173 m² across two levels with a premium fitout.
- Currently leased on a two-year term, providing immediate income.
- Available for sale or lease, offering flexibility for investors and occupiers.
Executive Summary
Quest Brighton On The Bay is a serviced apartment property located at 250 Esplanade in Brighton, Victoria. The property comprises 59 apartments, including studio and multi-bedroom configurations. It offers on-site amenities such as secure parking, conference facilities, and a day spa, with additional services including housekeeping and business administration. The property is situated opposite the Royal Brighton Yacht Club and Brighton Beach, within close proximity to Middle Brighton Baths, Church Street retail precinct, and public transport options.
Property Facts
| Total Building Size | 49,536 SF | Floors | 3 |
| Property Type | Hospitality (Condo) | Typical Floor Size | 16,512 SF |
| Property Subtype | Serviced Apartment | Year Built | 2008 |
| Building Class | B | Lot Size | 0.49 AC |
| Total Building Size | 49,536 SF |
| Property Type | Hospitality (Condo) |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 16,512 SF |
| Year Built | 2008 |
| Lot Size | 0.49 AC |
Amenities
- Balcony
- Restaurant
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 61 | $214.68 | - |
1 Unit Available
Unit 242
| Unit Size | 1,862 SF | Condo Use | Office/Retail |
| Price | $844,656 | Sale Type | Investment |
| Price Per SF | $453.63 | No. Parking Spaces | 7 |
| Unit Size | 1,862 SF |
| Price | $844,656 |
| Price Per SF | $453.63 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| No. Parking Spaces | 7 |
Description
242 Esplanade, Brighton is a commercial property located in a beachside precinct opposite Brighton Yacht Club and Middle Brighton Baths. The property spans two levels and includes seven secure car parks. It is positioned near public transport and major road connections.
Sale Notes
This beachside commercial property presents a rare opportunity to secure a premium investment or future owner-occupier space in one of Melbourne’s most desirable coastal locations. Positioned opposite the Brighton Yacht Club and Middle Brighton Baths, the property offers a unique blend of lifestyle and business appeal.
Comprising approximately 173 m² across two levels, the property features a high-quality fitout and is currently leased on a two-year term, providing immediate income for investors. The building is air-conditioned and includes seven secure underground car spaces with direct rear access, ensuring convenience for staff and clients.
Significant refurbishment works, estimated at $1.7 million, are underway to upgrade the entire property, further enhancing its long-term value. The flexible layout and prime location make it suitable for office, medical, or other professional uses. With easy access to public transport and major arterials, this property combines functionality, prestige, and future growth potential.
+3 More
Spa Interior - Reception
Spa Interior - Reception
Spa Interior - Treatment Room
Spa Interior - Treatment Room
Waiting Room
Spa Interior - Treatment Room
Floorplan
Spa Interior - Treatment Room
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ALL COMMERCIAL REAL ESTATE
250 Esplanade - Quest Brighton On The Bay
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