Richmond, Melbourne VIC 3121Sold $16,700,000
RICHMOND’S BEST CORNER DEVELOPMENT SITE OF 1,540sqm PROVIDING THREE STREET FRONTAGE AND SIGNIFICANT INCOME
Retail Sold - Richmond VIC
Future development site in Melbourne’s most sought after location to live, work, play on the door step of the CBD.
-Substantial and Dominant land holding of 1,540m*
-Featuring three (3) enormous street frontages.
- Swan Street: 34.54m*
- Lennox Street: 40.36m*
- Carroll Street: 49.38m*
-Existing improvements include 10 shops and 8 first level office suites.
-Strong holding income of $490,000 per annum* with demolition clauses in place
-Surrounded by outstanding amenities including
- Coles Supermarket (50m*)
- Richmond Train Station (250m*)
- Church Street Precinct (350m*)
- MCG (1.2km*)
- Melbourne CBD (2.2km*)
*Plans and permit approved for 5 retail shops, 2 restaurants, 57 apartments and 44 car spaces over 5 levels.