7 Ireland Street Bright VIC
Ireland Street Freehold with Vacant Possession
Retail
$1,150,000
Overview
Located towards the top end of Ireland Street, with a frontage of some 13m, this sale represents a wonderful opportunity for anyone looking to be an owner occupier with an eye on further development potential in the future.
The land itself is a huge 883m2 site that along with fronting Ireland Street, also fronts Burke St at the rear.
Offering a large display area, storeroom, bathroom & kitchen to the rear along with a second story space as well, the possibilities of what business you set up here are almost endless.
The existing building comprises approximately 278m2 of overall floor space, while the open space in behind the building provides exceptional scope for future development (STCA). Previous concept plans by renown architect Ross Beaver of Sunjoule Design have highlighted the potential for two spacious two-bedroom, two-bathroom residences, showcasing the flexibility and value of this unique site.
Bright continues to experience strong tourism, growing residential demand and limited availability of freehold commercial property, particularly offering vacant possession, making opportunities like this incredibly rare. Whether you’re a developer, investor or owner-occupier, this property offers the flexibility to capitalise on its prime location while unlocking its future potential.
