587-593 Church Street,
Richmond, VIC 3121
Development Sites & Land • Shops & Retail • Offices
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Map of 587-593 Church Street
Strategic Development Site With Income
- Strategic Development Site
- Solid Income
- Enormous Growth Potential
For Sale
A remarkable Richmond land holding with significant income in Melbrourne's most highly sought-after lifestyle precinct.
- High profile land holding of 1,704sq m*
- Large retail showroom of 1,372sq m* with ample on-site car parking
- Flexible 'Commercial 2 zone', allowing a range of uses
- Leased to ‘Berkowitz Furniture’ until March 2019 with a redevelopment clause enforceable from March 2016 (assuming exercise of current option)
- Current Net Rental: $304,601 per annum*
- 3 significant street frontages
- 164 metres* of total street frontage
- Exceptional City Fringe location in the heart of Richmond, only 2 kms* from the CBD
A remarkable Richmond land holding with significant income in Melbrourne's most highly sought-after lifestyle precinct.
- High profile land holding of 1,704sq m*
- Large retail showroom of 1,372sq m* with ample on-site car parking
- Flexible 'Commercial 2 zone', allowing a range of uses
- Leased to ‘Berkowitz Furniture’ until March 2019 with a redevelopment clause enforceable from March 2016 (assuming exercise of current option)
- Current Net Rental: $304,601 per annum*
- 3 significant street frontages
- 164 metres* of total street frontage
- Exceptional City Fringe location in the heart of Richmond, only 2 kms* from the CBD
Property ID: 500911695Last Updated: 30 Sep 2021
587-593 Church Street
Richmond, VIC 3121
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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