Teska Carson is pleased to offer 275 Swan Street, Richmond for sale via Public Auction on Thursday 22 August 2024 at 12pm on-site.

With it unparalleled Swan Street location, this well positioned investment and future owner-occupier and/or development opportunity sits within a vibrant and highly sought after area which is experiencing continuous gentrification and is well serviced by excellent lifestyle amenity.

Key Features:

- Land holding of 372.5sqm* with a frontage of over 12.22 metres to Swan Street, as well as rear access via Bell and/or Coppin Street.

- Income $122,000 pa* plus Outgoings and GST.

- 5 year term (commenced September 2021) plus 5 year option.

- Zoned as Commercial 1, which allows for a variety of future multi-storey development possibilities including commercial, office, residential or hotel (STCA). Design & Development Overlay allows for a height of 24 metres, providing strong multi-storey planning with favourable guidelines.

- Located in the heart of Richmond and in close proximity to some of the world's most premium automotive brands, including Ferrari, Lamborghini, McLaren, Aston Martin, and Maserati.

- Excellent lifestyle amenities such as renowned eateries, public open spaces and Yarra River trail. Additionally, the area is highly accessible via main arterial routes and public transport, with Burnley Station and Tram 70 along Swan Street, conveniently connecting it to Melbourne's CBD.

Please do not hesitate to contact the listing agents for more information or to arrange an inspection.