Property Description

Superb Richmond Site With Income

Fitzroys and Colliers are delighted to offer for sale, 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 Melbourne’s 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