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Development/Land For Sale or For Lease found in RICHMOND, VIC 3121

OUTSTANDING CREMORNE OPPORTUNITY

Investment | Offices | Industrial | Development/Land

Suit developers, investors, future occupiers
Converted warehouse / office with high quality recent refurbishment
Significant existing income
On site car parking
Rear access
Tightly held city fringe location
Close proximity to Swan Street and Church Street cafes, restaurants and transport options
Building Area: 421 m²
Land Area: 397 m²

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Price: Contact Agent    Building: 421m²    Land: 397m²

RICHMOND LAND WITH PERMIT

Offices | Development/Land

A completely rare offering in one of Richmond's premier locations is this dual street fronted parcel of land only 300 metres from North Richmond Train Station.
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*Total land area of 159sqm*.
*Additional access from Little Butler Street.
*Endorsed plans and permit for the construction of two x four level office buildings.
Affordable land acquisition with development potential in the one of Melbourne's fastest growing precincts.

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Price: 1000000    Building: 1m²    Land: 159m²    Occupancy: Vacant

EXISTING 2 LEVEL OFFICE INVESTMENT WITH PERMIT TO ADD 2 MORE...

Investment | Offices | Industrial | Development/Land

- Leased to an established tenant
- Commercial Property for sale with planning permit for additional 200m2
- Current building area leased 225m2
- Total developed area 425m2 with 4 cars
- Parking 2 spaces
- Address 1/1-3 Belgium avenue Richmond Vic 3121
- Boutique commercial office
- Current passing rent $50,000 pa inc outgoings
- Asking price 1,200,000
- Future value when construction

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Price: Contact Agent    Building: 425m²    Land: 213m²    Occupancy: Tenanted

Properties located in the surrounding suburbs

HAWTHORN'S BEST DEVELOPMENT SITE

Investment | Development/Land | Offices

JLL and Gorman Kelly are delighted to present for your consideration an irreplaceable, blue chip land holding located in one of Melbourne's most affluent suburbs. Being a major commercial, retail, educational and lifestyle hub in Melbourne's premier inner east, Hawthorn represents a magnificent development opportunity (STCA), as well as an excellent opportunity to occupiers wanting to utilise the existing improvements.
Located in one of Melbourne's most desirable suburbs, Hawthorn is recognised as a prestigious residential address. Ample amenity, quality educational institutions and excellent transport links have, in recent times, underpinned the development of a number of new residential projects.
This premium opportunity is summarised by the following key attributes:
- Well exposed corner property of 1,221sqm* land holding providing exceptional development opportunity;
- A rare opportunity; suitable for value add investors, future owner occupiers or developers;
- Extensively renovated single level office building of 937m2 with basement parking for 29 cars;
- Existing lease and net rental income of $286,758.96 per annum plus GST from international tenant ACI Operations Pty Ltd with lease expiring 30 June 2018 and no further option;
- Outstanding future development potential (STCA) to deliver a high density mixed-use project;
- Close to local amenity, within walking distance to vibrant Burwood Road Shopping Strip and anchored by one of Melbourne's busiest suburban retail strips-Glenferrie Road, which includes a host of national retailers;
- Near supermarkets; dining, culinary and entertainment attractions; train stations, trams and transport hub, Swinburne University; various parks, gardens and recreation attractions and freeway link to Melbourne CBD.
For further information or to arrange an inspection, please contact the exclusive agents from JLL or Gorman Kelly.

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Price Contact Agent
Building 937m²
Land 1221m²
Occupancy Tenanted
Property ID 257449


DEVELOP, OCCUPY OR INVEST IN BOOMING COL...

Investment | Development/Land | Offices

Savills is delighted to offer for sale this prime landholding, ideally located in highly sought after Collingwood just moments from the Smith Street retail precinct. This property represents a fantastic development site (STCA), owner-occupier or investment opportunity.
The key attributes of 288-292 Wellington Street, Collingwood include:
- A prime landholding of 513sqm* in highly sought after Collingwood
- Prominent Wellington Street frontage of 17m*
- Highly valuable rear access from York Street
- On-site car parking for approximately 10 cars
- Flexible Commercial 1 Zone
- Quality improvements of 390sq m* providing both investment and owner-occupation options
- Short-term lease in place with early termination clause
- Perfectly positioned on Melbourne's city fringe, in what is arguably Melbourne's most highly sought after location for both developers and end-users
- Close proximity to the vibrant Smith Street retail strip and direct CBD tram access
- An outstanding development, owner-occupation or investment opportunity!
288-292 Wellington Street, Collingwood is For Sale by Auction Wednesday 6 September at 12 noon on-site.
For further information, please contact:
Julian Heatherich - 0412 995 655
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888
Transaction Advisor:
John Darmody
DARMS Property
www.darms.com.au

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Price: Auction on Wednesday 6 September at 12 noon    Building: 390m²    Land: 513m²    Occupancy: Tenanted

BOUTIQUE PERMIT APPROVED COLLINGWOOD TOW...

Development/Land

Savills is pleased to present for sale this rarely offered permit approved townhouse development opportunity, in the heart of what is arguably Melbourne's most active and desirable location on Melbourne's city fringe.
Key attributes of this fantastic opportunity are:
- Ideally located permit approved Collingwood landholding
- Recently approved permit for a boutique project comprising six large townhouses, most with expansive roof terraces with potential for stunning CBD views
- The project has been designed by 'SLAB Architecture' in collaboration with renowned 'DKO Architects'
- Substantial price precedents have recently been set for adjoining and nearby completed townhouses
- The perfect city-fringe location in Collingwood - arguably Melbourne's most sought after development and residential location
- Perfectly situated within direct proximity to the vibrant Smith Street retail precinct with endless cafes, bars and restaurants
- Short walk from Victoria Park Train Station, and serviced by Smith Street trams and Johnston street buses
- A truly rare opportunity to secure a permit approved townhouse site in Melbourne's most in demand residential location!
145 Johnston Street, Collingwood is For Sale by Expressions of Interest closing Friday 11 August at 2pm.
For further information, please contact:
Jesse Radisich - 0402 085 702
Julian Heatherich - 0412 995 655
Nick Peden - 0402 011 266

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Price: EOI Closing Friday 11 August at 2pm    Land: 255m²    Occupancy: Vacant

PERMIT APPROVED MIXED-USE SITE

Investment | Development/Land

Savills are delighted to offer for sale 563-565 Burwood Road, Hawthorn. Rarely does such a unique mixed-use opportunity come to the market in such a highly sought after location, close to abundant public transport and a full range of retail and lifestyle amenity.
Key attributes of this outstanding development site include:
- An ideal 654sq m* landholding
- Dual street frontages to Burwood Road and Queens Avenue
- Planning Permit for 17 apartments and retail over 7 levels
- Recent height changes offer additional permit upside (STCA)
- Highly sought after Commercial 1 Zoning
- Situated within the heart of Hawthorn's vibrant retail precinct with direct proximity to Glenferrie Road
- Currently improved with a well presented two level commercial premises
- Auburn Train Station only 250 metres* from the property
- Brilliant inner city location in direct proximity to the Melbourne CBD and Swinburne University
- The property is being offered with two short term leases in place returning $81,300* pa
The chance to secure a prime permit approved development opportunity and commercial investment in such an outstanding location is very rare and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
This property is For Immediate Private Sale.
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

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Price: Immediate Private Sale    Land: 654m²    Occupancy: Tenanted

PREMIUM ABBOTSFORD RETAIL FREEHOLD

Retail | Development/Land | Offices

Savills is delighted to offer for sale this prime retail freehold, ideally situated within one of Melbourne's most sought after suburban locations with significant development potential at 473 Victoria Street, Abbotsford.
Benefiting from the continued growth throughout Melbourne this premium freehold opportunity is ideally placed to take advantage of the continued growth of the local population.
Key attributes of this outstanding property include:
- A prime retail freehold with a 10.53m* frontage
- Valuable landholding of 297sqm* with rear laneway access
- Commercial 1 Zone
- Large open plan showroom with multiple use options
- Fantastic high density development potential (STCA)
- Ideally situated on the iconic Victoria Street, Abbotsford only 2.5km* from the CBD
- Surrounded by an abundance of retail and lifestyle amenity
- Situated in the heart of a thriving iconic Asian culinary precinct
- Trams operate directly in front of the property providing CBD access and only 800 metres* from North Richmond Train Station
- Vacant possession
This retail freehold ideally suits owner occupiers, investors or forward-thinking developers a-like, providing a rare opportunity to secure a boutique city fringe landholding. Accordingly we encourage prospective purchasers to actively consider this exceptional property.
473 Victoria Street, Abbotsford is for Immediate Private Sale.
To discuss any of these opportunities in detail, please contact the exclusive sales agents at Savills.
Benson Zhou - 0458 488 888
Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053

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Price: Immediate Private Sale    Building: 280m²    Land: 297m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Richmond, VIC 3121

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $6417 $606 9.45%
Retail $412
Industrial $507
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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