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255-259 Bridge Road Richmond VIC 3121

  • Shop & Retail
  • 350 m²
  • For Sale, Contact Agent

3 Outstanding Retail Shops with Upside!

    Future Development Site Opportunity (STCA)

    Next Door to Richmond Plaza Redevelopment

    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 and Richmond Plaza (currently under construction) immediately adjoining and the intersection of Church Street only metres away.

    Direct access to the CBD, Melbournes 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 $125,000 - $135,000 per annum
    - Site area of 620m² approx including driveway
    - Land Size 18.35 x 33.76 m approx.
    - 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
    - 1.7kms (approx.) from Melbourne CBD

    Property Highlights

    Property ID2016585574
    Floor Area350 m²
    Land Area620 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  25 Jan 2021
    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*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016585574
    Floor Area350 m²
    Land Area620 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  25 Jan 2021
    Steveway Real Estate
    235b Church Street Richmond VIC 3121

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