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255-259 Bridge Road Richmond VIC 3121

  • Development / Land
  • 620 m²
  • For Sale, $3,300,000 $3,600,000

Development Site – 3 Outstanding Retail Shops with Upside!

We are pleased to offer a brilliant Bridge Road site for Private Sale. 255-259 Bridge Road Richmond presents a rare offering for investors and developers alike, potential 4 tenants (retail & residential) and features excess land which is suitable to high density multi-level development (STCA).

The location of the property on Bridge Road is tried and tested with the highly successful Ark development immediately adjoining and the intersection of Church Street only metres away situated next door to the Richmond Plaza Coles Development. Direct access to the CBD, Melbourne’s sporting and entertainment precinct make this the hottest and most sought after inner city locations.

The key features of this outstanding development site are:
- Potential income of $130,000 - $140,000 per annum
- Site area of 620m² approx including driveway
- Potential tenancy mix with retail and residential tenants
- Significant potential for multi-level mixed use development (STCA)
- Flexible Commercial 1 Zoning
- Blue chip location
- Excess land to rear
- Ability to capitalise on stunning views if redeveloped
- Immediate access to public transport
- Situated on one of Melbourne premier lifestyle retail shopping strips, Bridge Road
- 1.7km’s (approx.) from Melbourne CBD

For further details or inspections please contact selling Agents:

Property Highlights

Property ID2015446849
Floor Area350 m²
Land Area620 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  12 Mar 2020
Map for 255-259 Bridge Road Richmond VIC 3121
Map for 255-259 Bridge Road Richmond VIC 3121255-259 Bridge Road Richmond VIC 3121
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Steveway Real Estate
235b Church Street Richmond VIC 3121

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