Corner Swan, Lennox and Carroll Street Richmond VIC 3121

Shop & Retail
1,540 m²
Sold

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

Josh Rutman
CBRE
+61 411 273 746

Mark Wizel
CBRE
+61 409 809 868

Rorey James
CBRE
+61 438 400 081

Jonathon McCormack
Gross Waddell
+61 418 835 885

Andrew Waddell
Gross Waddell
+61 419 400 991