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  • For sale
Superb Richmond Site With Income - #1
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For Sale

Expressions of Interest closing 21st Apr 2021 at 2pm
Fitzroys and Colliers are delighted to offer for sale via Expressions of Interest a versatile commercial freehold strategically located within a thriving pocket of Richmond boasting prestigious brands and unrivalled transport and lifestyle amenity.

- Centrally positioned within one of Melbourne most valuable and in demand commercial precincts

- Surrounded by a plethora of world-class retailers including Zagame Automotive Group, Lamborghini, McLaren, Audi, Jati Furniture, Cotchin, Fonda and many more

- Moments from Church Street and Melbournes Sporting Precinct (MCG, Melbourne Park, AAMI Stadium)

- Rapidly growing residential and commercial population with numerous high density developments recently completed nearby and others in various stages of planning and construction

- Tram stop at doorstep and only metres from Burnley Train Station and East Richmond Station

- Prime land holding of 491sqm approx.

- Functional showroom of 420sqm approx.

- 3 x 3 x 3 year lease to established health and fitness tenant
- NOTE: Lease includes re-development clause

- Returning $100,000 per annum plus outgoings and GST

- Within favourable high density zoning

- Outstanding re-development opportunity with potential for multi-storey commercial development (STCA)

- Amendment C191 will offer the potential for alternate uses including residential development (subject to final ministerial approval)

- Concept plans and town planning advice available

- Rare opportunity to develop, invest or landbank in surging Swan Street

FOR SALE VIA EXPRESSIONS ON INTEREST CLOSING WEDNESDAY 21ST APRIL AT 2PM