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54-56 Bridge Road Richmond, VIC 3121

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54-56 Bridge Road,
Richmond, VIC 3121

Shops & Retail • Development Sites & Land

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Prestigious Richmond Hill Retail Freehold Packed with Potential

  • Richmond Hill Retail Freehold
  • Prestigious Landholding with Rear Access
  • Fully Leased with Significant Upside
Savills is delighted to offer for sale this prime double fronted retail building within the heart of the Bridge Road retail precinct. The property represents a fantastic opportunity to acquire a prominent, fully leased asset situated in the highly desirable inner city suburb of Richmond.

The key attributes of this fantastic property include:

• Two adjoining shops with first floor office and separate apartment
• Exclusive Richmond landholding of 516sq m* with rear access
• Prominent frontage to Bridge Road of 12.6m*
• Current Rental of $105,313 per annum* offering significant upside
• Commercial 1 Zoning
• Substantial redevelopment potential ideal for residential, medical or office (STCA)
• Perfectly positioned on the edge of the CBD and only moments from Melbourne’s Sports Precinct including the MCG
• Highly sought after location opposite the Epworth Hospital
• Surrounded by every conceivable retail and lifestyle amenity being situated on Bridge Road and with Swan Street, Church Street and Victoria Street all nearby
• Extremely well serviced with a tram route at the front door, bus routes along Punt Road, Richmond Train Station and Citylink within 1.3km*

EOI Closed - Offers Under Review

For further information please contact:

Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

*Approx.

Property ID: 502896638Last Updated: 15 Jun 2021

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54-56 Bridge Road
Richmond, VIC 3121
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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