James Gregson Commercial is proud to offer this Richmond corner freehold, which is superbly located to a plethora of transport choices (buses, trams, train), minutes' walk to West Richmond Station and Epworth Hospital. Positioned on the doorstep of Melbourne CBD and world class sporting precinct, including MCG & Rod Laver Arena. Richmond offers a diverse array of hospitality offerings, chic retail, and lifestyle amenities.
This well-maintained property is sure to impress - High profile corner site on 277sqm approx. with of a building area of 382sqm approx.
The solid two brick building was previously used as a hostel which boasts 14 rooms with plenty of natural light 2 living areas, 5 bathrooms, 5 additional toilets.
This substantial city fringe freehold offers versatility, strong future upside and importantly a desired location
Lease Details:
Tenant - 151 Hoddle Homestay Pty Ltd
Rent- $120,000 PA + GST
Term: 4 years
Further Term: Three further terms of four years
Commencement Date: 15/09/2022
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