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588 Swan Street Richmond, VIC 3121

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588 Swan Street,
Richmond, VIC 3121

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Richmond's Best Commercial Site With Holding Income

  • Site 6,830m2 (approx)
  • Pending Planning Permit
  • Holding Income $855,925pa
• Site of 6,830m² (approx) surrounded by parks and Crown land
• Pending Planning Permit 15,000m² (approx) commercial development
• Future development to benefit from uninterrupted Yarra River views (STPA)
• Substantial exsisting improvements leased to ASX listed tenant returning $855,925 per annum (approx)
• Existing lease is of a 'double net' nature expiring June 2013 with no options

Property ID: 5955306Last Updated: 14 May 2014

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