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394 Victoria Street Richmond, VIC 3121

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394 Victoria Street,
Richmond, VIC 3121

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Key City Fringe Investment with Scope

  • Versatile investment
  • Combined income: $103,307 pa Net
  • Expansive frontage to Victoria St: 10m
> Versatile investment with two income streams from established tenants
> Combined income: $103,307 pa Net as at Oct 2016
> Potential to increase rental return (conditions apply)
> Land area: 333 sqm approx.
> Building area: 527 sqm approx.
> Expansive frontage to Victoria Street of 10 metres approx.
> Excellent rear access plus undercover carparking
> Fabulous Commercial 1 zoning

The subject property is ideally located on the south side of Victoria Street, between Church & Burnley Streets.

Abbotsford is a strategically positioned inner city suburb of only 2 kms north-east of the CBD. The area has undergone a massive transformation with the introduction of several residential and commercial developments, including Victoria Gardens and Sanctuary on the River.

394 Victoria Street enjoys a premier position being surrounded by a diverse mix of specialty retail, cafés, Asian eateries, pubs and upmarket bars.

It is also minutes to Victoria Gardens shopping centre and Main Yarra Trail (bike & walking paths and parks). It is also in proximity to all modes of public transport (tram, bus & rail).

Property ID: 502030134Last Updated: 16 Aug 2016

04185437...
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394 Victoria Street
Richmond, VIC 3121
Gray Johnson - Melbourne
30 Collins Street.
MELBOURNE, VIC 3000

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