Investment | Industrial | Showrooms | Development/Land

Property ID: 306300

 

Premium Commercial Investment / Development Opportunity In Melbourne’s Most Sought After City Fringe Suburb!

157 - 161 Burnley Street, Richmond, VIC 3121

Outstanding Richmond investment with opportunity for future commercial development, now available For sale by Public Auction on Friday 21st September at 12.30pm on site.

 

+ 1,381sqm* landholding with Industrial 3 zoning  (IN3Z)

+ Securely leased to high profile tenant

+ Surrounded by world class amenity

+ Ripe for future development 

+ Demolition clause in the Lease



Prominent 1,381sqm* corner landholding with huge combined triple street frontage of 110m* to Burnley Street, Murphy Street & Bridge Street superbly positioned within Melbourne’s most popular & tightest city fringe commercial office market – Richmond.



Quality single level showroom / warehouse currently tenanted to ‘Get Wines Direct’ returning $280,000* per annum plus GST.



Prominent retail, food & lifestyle attractions along Bridge Road (170m*), Victoria Gardens Shopping Centre anchored by major retail tenancies including IKEA, Hoyts Cinema and Coles Supermarket plus 80 specialty retail stores (400m*).



Ability to hold as an investment; re-position or develop with strong height precedence of 9 levels with CBD views



Direct Melbourne CBD (3km*) access provided by Melbourne’s established transport network including tram lines on Victoria Street and Bridge Road.



For information please contact the exclusive agents listed below.



In conjunction with CBRE.



*approx

Sold

Contact Agent

John Nockles

Ian Angelico