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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