Fitzroys is delighted to offer for sale this high-profile investment freehold located in the prime of Swan Street and situated at the doorstep of the recently announced ‘Cremorne Place Implementation Plan - December 2020. The Implementation Plan is a vision roadmap for the Cremorne precinct to support on-going appropriate development delivered by state agencies and local council.
The key attributes of this exceptional opportunity include:
Prominent location situated within the highly popular Swan Street Activity Centre shopping precinct.
Land Area: 203sqm* with substantial frontage of 7.13* metres
Leased to 3 quality Tenants including Spud Bar, Woodenstone Barbers and Richmond Football Club providing potential to develop site and or value add within 4 years (STCA) approx.
Total Rent: $142,752* per annum net plus GST.
On site parking plus large public car park at rear.
Zoned: Commercial 1 with highly attractive DD017 Development Overlay promoting 7 storeys approx (STCA).
Excellent public car parking at rear and only 60 metres to East Richmond Train Station.
Outstanding transport services available with Swan and Church Street tram services leading to the CBD.
Surrounded by exceptional popular retailers including Westpac Bank, Berties, Fargo & Co, Chemist Warehouse, high performing Coles Click and Collect, BWS, Dimmeys Coles Supermarket, Foxes Den, Grill’d, TAB, established eateries and more.
Close to numerous multi - level projects currently or soon to be constructed.
226 Swan Street, Richmond presents an outstanding opportunity to acquire highly sought-after Swan Street freehold situated within a rapidly developing retail, office and residential precinct.
FOR SALE VIA PUBLIC AUCTION ON 4TH MARCH AT 1:00PM ON SITE
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