Share this property

realcommercial.com.au
TCI - Richmond

279 Bridge Road Richmond, VIC 3121

Directions

279 Bridge Road,
Richmond, VIC 3121

Shops & Retail • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Parking info

Tenure type

Sold on

TCI - Richmond
Jack Teneketzis
Alex Teneketzis

TCI - Richmond

463 Bridge Road
RICHMOND, VIC 3121
TCI - Richmond
279 Bridge Road
Richmond, VIC 3121

Map of 279 Bridge Road

Directions

NAUGHTY OR NICE? MATURE AUDIENCES ONLY

WARNING – VIEWER DISCRETION IS ADVISED

We’ve all heard the saying… it’s the world’s oldest profession/industry. Is it really? Does it really matter? The point remains, adult products have been in our marketplace as far back as anyone can remember and there’s a reason for it… It’s essential!

It’s recession proof… It’s pandemic proof… It’s every type of proof, you can think of.

Let’s look at the facts, specifically with 279 Bridge Road. Can you think of another Bridge Road property, or any property generally for that manner, that has been operated day in day out, for just under 32 years by the same type of business? Think about it… If you had purchased this property when it was last sold in 1990 as an investment – you would have had continuous rent payments, without a single day’s loss of rent or rent free, for over three decades.

Couple this with the changes taking place on Bridge Road and we dare you to name a better investment!

All you have to do is look right next door. Grocon’s Richmond Quarter has replaced Richmond Plaza and by doing so, has created a destination, rather than a limitation. The biggest factor holding back Bridge Road is now gone… replaced with a brand new Coles Supermarket, 386 build to rent apartments, offices and specialty retail stores such as Au79. It’s only a matter of time until these tenancies spill over onto Bridge Road, bringing better quality shops and better quality tenants.

Look up the road and you’ll see Peppers Melbourne Richmond – an 80 room hotel nearing the end of construction. Change is afoot and staring you in the face… This is your opportunity to join today, prior to the forthcoming shift, at ‘Richmond Plaza’ prices, not ‘Richmond Quarter’ prices…

We ask you… is this opportunity naughty or nice?

279 Bridge Road is an outstanding shop and dwelling, with a business that has been in operation for over 30 decades. Brilliant investment or future owner occupier opportunity. Separate entrances/access for the shop and dwelling, with rear access and parking.

Sold subject to existing lease (expiry end February 2025).

Site 140m2* – Building 230m2*.

For Sale by Negotiation.

For further information to arrange an inspection, please contact our exclusive sales team.

*Approx.

Additional information

Property ID: 504142343Last Updated: 21 Nov 2022

Make an enquiry

What's your enquiry about?

Enter your details

More properties from TCI - Richmond

Other properties you might be interested in based on the location and property type you are looking at.