54-56 Bridge Road,
Richmond, VIC 3121
Shops & Retail
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Map of 54-56 Bridge Road
Richmond Hill Investment/Development Opportunity
- 516m² site with rear access
- Commercial 1 Zoning
- Fully leased est income of $120,000 p.a
Colliers International is pleased to present this exceptional investment/development opportunity for sale by public auction at 54-56 Bridge Road, Richmond. Situated atop Richmond Hill, the property presents a versatile offering given the existing retail, office and residential improvements as well as the significant value-add potential.
With such close proximity to the CBD, sporting precinct, Epworth Hospital, Public transport and schools, the property is well suited to passive investors seeking blue chip real estate or value-add developers seeking an efficient site with all the fundamentals to provide a successful redevelopment project.
The existing improvements are majority leased with a fully leased estimated income of $120,000 net per annum.
Key Selling features:
› 516m² site with rear access
› Commercial 1 Zoning
› Perfect for multi-storey mixed use development (STCA)
› Fully leased est income of $120,000 net p.a.
› Significantly leased with demolition clauses
› Versatile offering with retail, office and residential improvements
› Offers exceptional aspects
› Close proximity to CBD, Sporting precinct, public transport and schools
› Located opposite Epworth Hospital
The property is for sale via Public Auction Friday 20th March 2015 at 1pm on-site.
Colliers International highly recommend this outstanding investment for your consideration.
For further information please contact exclusive marketing agents Ben Baines or Ted Dwyer of Colliers International.
This property is proudly featured in our National Auction Portfolio ( NAP )
With such close proximity to the CBD, sporting precinct, Epworth Hospital, Public transport and schools, the property is well suited to passive investors seeking blue chip real estate or value-add developers seeking an efficient site with all the fundamentals to provide a successful redevelopment project.
The existing improvements are majority leased with a fully leased estimated income of $120,000 net per annum.
Key Selling features:
› 516m² site with rear access
› Commercial 1 Zoning
› Perfect for multi-storey mixed use development (STCA)
› Fully leased est income of $120,000 net p.a.
› Significantly leased with demolition clauses
› Versatile offering with retail, office and residential improvements
› Offers exceptional aspects
› Close proximity to CBD, Sporting precinct, public transport and schools
› Located opposite Epworth Hospital
The property is for sale via Public Auction Friday 20th March 2015 at 1pm on-site.
Colliers International highly recommend this outstanding investment for your consideration.
For further information please contact exclusive marketing agents Ben Baines or Ted Dwyer of Colliers International.
This property is proudly featured in our National Auction Portfolio ( NAP )
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Property ID: 501454431Last Updated: 23 May 2018
54-56 Bridge Road
Richmond, VIC 3121
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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