587-593 Church Street Richmond VIC 3121

For Sale

A remarkable Richmond land holding with significant income in Melbrourne's most highly sought-after lifestyle precinct.

- High profile land holding of 1,704sq m*
- Large retail showroom of 1,372sq m* with ample on-site car parking
- Flexible 'Commercial 2 zone', allowing a range of uses
- Leased to âBerkowitz Furniture' until March 2019 with a redevelopment clause enforceable from March 2016 (assuming exercise of current option)
- Current Net Rental: $304,601 per annum*
- 3 significant street frontages
- 164 metres* of total street frontage
- Exceptional City Fringe location in the heart of Richmond, only 2 kms* from the CBD