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157-161 Burnley Street Richmond, VIC 3121

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157-161 Burnley Street,
Richmond, VIC 3121

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$9,920,000

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Map of 157-161 Burnley Street

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Premium Commercial Investment / Development Opportunity In Melbourne’s Most Sought After City Fringe Suburb!

Outstanding Richmond investment with opportunity for future commercial development, now available For sale by Public Auction on Friday 21st September at 12.30pm on site .

+ 1,381sqm* landholding with Industrial 3 zoning (IN3Z)
+ Securely leased to high profile tenant
+ Surrounded by world class amenity
+ Ripe for future development
+ Demolition clause in the Lease

Prominent 1,381sqm* corner landholding with huge combined triple street frontage of 110m* to Burnley Street, Murphy Street & Bridge Street superbly positioned within Melbourne’s most popular & tightest city fringe commercial office market – Richmond.

Quality single level showroom / warehouse currently tenanted to ‘Get Wines Direct’ returning $280,000* per annum plus GST.

Prominent retail, food & lifestyle attractions along Bridge Road (170m*), Victoria Gardens Shopping Centre anchored by major retail tenancies including IKEA, Hoyts Cinema and Coles Supermarket plus 80 specialty retail stores (400m*).

Ability to hold as an investment; re-position or develop with strong height precedence of 9 levels with CBD views

Direct Melbourne CBD (3km*) access provided by Melbourne’s established transport network including tram lines on Victoria Street and Bridge Road.


*approx

Property ID: 502930062Last Updated: 20 Nov 2018

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157-161 Burnley Street
Richmond, VIC 3121

Detailed listing

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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