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450-456 Victoria Street, RICHMOND, VIC 3121

2. Property Highlights

LAND!!! – 1,050sqm of Development Potential!!!

Highly Exposed Corner Allotment with 3 street frontages offering the opportunity of a multitude of possibilities!!

- Frontage onto Victoria Street, Bennett Street and Coles Terrace

- 27.43m frontage x 39.62m depth approx.

- Land: 1,050sqm approx. Zoned GRZ2

- 3 existing homes currently tenanted

- 1 existing showroom and carpark currently leased

- Rental Returns:

Residential $86,568pa

Commercial $32,000 plus GST

GROSS TOTAL RETURN - $118,568pa

- Massive high residential and commercial growth area

- Recently approved plans for 13 townhouses

- Vacant possession available; Up to 180 day settlement

Conditions of entry – IDENTIFICATION and contact number required, otherwise entry may be refused.

Remember to mention you found this property on DevelopmentReady

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3. Property Location

450-456 Victoria Street, RICHMOND, VIC 3121

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450-456 Victoria Street, RICHMOND, VIC 3121 Richmond