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Allard Shelton - MELBOURNE

494 Bridge Road Richmond, VIC 3121

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494 Bridge Road,
Richmond, VIC 3121

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Allard Shelton - MELBOURNE
Joseph Walton

Allard Shelton - MELBOURNE

Level 3, 267 Collins Street
MELBOURNE, VIC 3000
04173093...
Allard Shelton - MELBOURNE
494 Bridge Road
Richmond, VIC 3121

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CORNER THE MARKET! INVESTMENT WITH UPSIDE

  • HIGH EXPOSURE CORNER LOCATION
  • SECURE LEASE TO QUALITY TENANT
  • HUGE FUTURE POTENTIAL (STCA)
Gorman Allard Shelton are pleased to offer for sale 494 Bridge Road, Richmond by Public Auction on Thursday 7 September at 12:30pm onsite.

This fantastic high exposure investment opportunity is located on the prominent corner of Bridge Road and Burnely Street within inner-city Richmond.

Key benefits include;

* Corner site of 278.7 sqm*
* Combined frontage of 48.77m* to Bridge Road, Burnley Street & rear laneway
* Building area: 269 sqm*
* Quality tenant with income $113,981 pa + GST (from Nov 2023)
* Secure lease expiring 25 November 2028
* Huge future upside and development potential (STCA)
* Commercial 1 Zoning
* Prime inner-city location only 3km from Melbourne's CBD and surrounded by quality businesses and retailers
* Close to Melbourne's popular sports and entertainment precinct which includes the MCG, AAMI Park, Melbourne & Olympic Parks and Sidney Myer Music Bowl
* Trams on your doorstep and only 800 metres* to Burnley Train Station
* Located within close proximity to major arterial roadways including the Monash freeway and Citylink network

Contact us today to arrange an inspection.

Property ID: 504386620Last Updated: 2 Nov 2023

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Allard Shelton - MELBOURNE
Level 3, 267 Collins Street
MELBOURNE, VIC 3000

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