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SOLD

54-56 Bridge Road, RICHMOND, VIC 3121

Development Potential
DETAILS

Prestigious Richmond Hill Retail Freehold Packed with Potential

Savills is delighted to offer for sale this prime double fronted retail building within the heart of the Bridge Road retail precinct. The property represents a fantastic opportunity to acquire a prominent, fully leased asset situated in the highly desirable inner city suburb of Richmond.

The key attributes of this fantastic property include:

• Two adjoining shops with first floor office and separate apartment

• Exclusive Richmond landholding of 516sq m* with rear access

• Prominent frontage to Bridge Road of 12.6m*

• Current Rental of $105,313 per annum* offering significant upside

• Commercial 1 Zoning

• Substantial redevelopment potential ideal for residential, medical or office (STCA)

• Perfectly positioned on the edge of the CBD and only moments from Melbourne’s Sports Precinct including the MCG

• Highly sought after location opposite the Epworth Hospital

• Surrounded by every conceivable retail and lifestyle amenity being situated on Bridge Road and with Swan Street, Church Street and Victoria Street all nearby

• Extremely well serviced with a tram route at the front door, bus routes along Punt Road, Richmond Train Station and Citylink within 1.3km*

EOI Closed - Offers Under Review

For further information please contact:

Nick Peden - 0402 011 266

Jesse Radisich - 0402 085 702

Mark Stafford - 0404 401 053

*Approx.

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
EOI Closed - Offers Under Review
Property Area
AREA:
516 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Apartment Sites, Office, Other, Apartment Sites, Office, Other
Development Potential
DEVELOPMENT APPROVAL:
Substantial redevelopment potential ideal for residential, medical or office (STCA)

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54-56 Bridge Road, RICHMOND, VIC 3121
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