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Development Site 3 Outstanding Retail Shops with Upside!

255-259 Bridge Road, RICHMOND VIC, 3121

For Sale

Property for Sale in 255-259 Bridge Road, RICHMOND VIC, 3121

Listing ID:
11153443
Status:
Active
For:
Sale
Price:
Contact Selling Agents
Last Updated:
17/07/2019
Icon building

Property Type

Land/Development/Retail
Icon square

Land Area

620 SQM
Icon size

Floor Area

350 SQM
Icon parking

Parking

0

Development Site 3 Outstanding Retail Shops with Upside!

We are pleased to offer a brilliant Bridge Road site for Private Sale. 255-259 Bridge Road Richmond presents a rare offering for investors and developers alike, potential 4 tenants (retail & residential) and features excess land which is suitable to high density multi-level development (STCA).

The location of the property on Bridge Road is tried and tested with the highly successful Ark development immediately adjoining and the intersection of Church Street only metres away situated next door to the Richmond Plaza Coles Development. Direct access to the CBD, Melbournes sporting and entertainment precinct make this the hottest and most sought after inner city locations.

The key features of this outstanding development site are:
- Potential income of $130,000 - $140,000 per annum
- Site area of 620m² approx including driveway
- Potential tenancy mix with retail and residential tenants
- Significant potential for multi-level mixed use development (STCA)
- Flexible Commercial 1 Zoning
- Blue chip location
- Excess land to rear
- Ability to capitalise on stunning views if redeveloped
- Immediate access to public transport
- Situated on one of Melbourne premier lifestyle retail shopping strips, Bridge Road
- 1.7kms (approx.) from Melbourne CBD

For further details or inspections please contact:

Steveway Real Estate

Steven Pantelios 0417 311 006

Andrew Kolovos 0402 090 922

Dennis Pantelios 0419 585 789

Office 9429 4883

Agents in conjunction:

RT Edgar Manningham

Alan Wang 0401 660 297

Office 8888 2020

For more details, please email agent

Steveway Real Estate Pty Ltd

235B Church Street, Richmond, VIC 3121


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