Skip to main content
550 Swan Street
Richmond VIC 3121
SearchBack to results

550 Swan Street Richmond VIC 3121

  • Development / Land
  • 1,627 m²
  • For Sale, Contact Agent

EOI CLOSED - OFFERS UNDER REVIEW

  • Substantial 2,758sqm* building
  • Rare 1,627sqm* C1Z landholding
  • Short-Term Income

Under Instructions from KordaMentha as Receivers and Managers Appointed, JLL and Cushman & Wakefield have the privilege of offering for sale this highly versatile development, investment or land bank opportunity in one of Melbourne's most vibrant and sought-after retail and lifestyle precincts.

Key details of the opportunity include:

+ Substantial character filled two-level building providing 2,758sqm* of GFA with on-site carparking.
+ A highly versatile Commercial 1 zoned landholding of 1,627sqm* with 40m* of Swan Street frontage.
+ Strong existing short-term income profile, returning $475,796*^ + GST per annum.
+ The existing lease profile suits owner occupiers and allows for significant rental upside
+ Flexible Commercial 1 Zone and favourable planning parameters providing scope for major redevelopment (STCA), as evidenced by the new Australia Post HQ 480 Swan Street (200m* away), developed by Charter Hall.
+ Evolving commercial/lifestyle precinct with endorsement from some of Australia's largest corporations including Australia Post, Bunnings and REA Group.
+ Positioned in Richmond's 'Parks Precinct' with Burnley Park, Golden Square Bicentennial Park, Burnley Golf Course and the Yarra River all within close walking distance.
+ Highly accessible location serviced by trams along Swan & Church Streets, bicycle trails, and Burnley train station providing protected view lines towards the Yarra River.

*Approx.
^Gross

Under Instructions from KordaMentha as Receivers and Managers Appointed, 550 Swan Street, Richmond is For Sale by Private Sale. To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

JLL
Jesse Radisich | 0402 085 702 
Josh Rutman | 0411 27 37 46

Cushman & Wakefield
Daniel Wolman | 0412 957 839
Hamish Burgess | 0421 641 497

·      Substantial 2,758sqm* building
·      Rare 1,627sqm* C1Z landholding
·      Short-Term Income

Property Highlights

Floor Area2,758 m²
Land Area1,627 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019134516
Category
Last updated  29 May 2024
Map for 550 Swan Street Richmond VIC 3121

Property Highlights

Floor Area2,758 m²
Land Area1,627 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019134516
Category
Last updated  29 May 2024

Co-Agents

Daniel Wolman
Cushman & Wakefield Melbourne
Call
+61412957839
Hamish Burgess
Cushman & Wakefield Melbourne
Call
+61 421 641 497

More Development / Land for Sale in Richmond VIC

For SaleAsking Price: $2,150,000
282-284 burnley street,richmond, VIC 3121
220 m²
Development / Land
For SaleContact Agent
255-259 bridge road,richmond, VIC 3121
350 m²
Development / Land
For SaleContact Agent
550 swan street,richmond, VIC 3121
2,758 m²
Development / Land