Emmetts are delighted to exclusively present to market a rare amalgamated Bridge Road landholding, 255–259 Bridge Road, Richmond, for Sale by Expressions of Interest closing 9th December at 3:00pm (AEDT).
Key features include:
+ Positioned directly beside Richmond Traders, the fresh food and dining precinct anchored by a full-line Coles with 250* car parks alongside 300* Build-To-Rent apartments.
+Rare amalgamated landholding comprising three titles of 617 sqm*.
+18.3 metres* of frontage to Bridge Road, with rear laneway access.
+ Improvement comprise 3 shops plus first floor office or potential to convert to residential.
+ Total combined internal building area 508 sq m*: 292 sqm* ground floor and 216 sqm* on Level 1.
+ Four tenancies on net leases, with outgoings recoverable from tenants.
+ Short term lease expiries providing opportunity to renew leases, owner occupy or or redevelop (SCTA).
+ Commercial 1 Zone (C1Z), with a permanent Built Form Overlay (BFO1) supporting higher-density mixed-use development on the north side of Bridge Road (STCA).
+ Proximity to Epworth Richmond, which has Victoria’s busiest private-hospital emergency department and draws strong daily medical, retail and food trade along the strip.
+ A deep, high-income catchment, with Richmond’s median household income 28% above the Victorian average^.
+ Strong transport links, with trams 48 and 75 at the door and West Richmond Station a 5-minute* walk away.
+ Opportunity to leverage off strong activity anchors including Coles-anchored Richmond Traders with 250* basement car parks plus Epworth Richmond.
For inspections, please contact the Exclusive Sales Agents.
*Denotes approximate.
^ABS 2021 Census, Richmond (Vic.) Any reference to Develop or Development is subject to planning approval.
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