RICHMOND'S BEST CORNER DEVELOPMENT SITE OF 1,540m2* PROVIDING THREE STREET FRONTAGES AND SIGNIFICANT INCOME
FUTURE DEVELOPMENT SITE IN MELBOURNE'S MOST SOUGHT AFTER LOCATION TO LIVE, WORK, PLAY ON THE DOORSTEP OF THE CBD
Substantial and dominant land holding of 1,540m2* featuring three (3) enormous street frontages:
- Swan Street: 34.54m*
- Lennox Street: 40.36m*
- Carroll Street: 49.38m*
Existing improvements include 10 shops and 8 first level office suites
Strong holding income of $490,000 per annum* with demolition clauses in place
Commercial 1 Zoning
Surrounded by outstanding amenity including:
- Coles Supermarket (50m*)
- Richmond Train Station (250m*)
- Church Street Precinct (350m*)
- MCG (1.2km*)
- Melbourne CBD (2.2km*)
Plans and permit approved for 5 retail shops, 2 restaurants, 57 apartments and 44 car spaces over 5 levels
FOR SALE BY PUBLIC EXPRESSION OF INTEREST CLOSING THURSDAY 19TH NOVEMBER AT 5:00PM
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Carroll Street, Richmond, VIC, 3121, Australia