Retail

393 Bridge Road, Richmond

Bridge Road Richmond, VIC Australia 3121
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area ()

Property Description

JLL Capital Markets has the exclusive privilege of offering for sale this unique inner-city development opportunity at 393 Bridge Road, Richmond.

 

Key details of the opportunity include:

 

·       A strategic corner landholding of 752sqm* with prominent main road exposure to Bridge Road, Coppin Street and rear laneway, combining 70 metres* of site frontage.

·       Favourable Commercial 1 Zoning allows for a vast range of end uses including residential, commercial office, retail, medical and more (STCA)

·       Multiple site entrance points provide efficient site access for future redevelopment

·       Short term income stream from longstanding tenant Thrifty, with no further lease options

·       Richmond is one of Melbourne’s desirable residential locals underwritten by the precinct’s limitless access to an extraordinary level of surrounding retail, lifestyle and public transport amenity.

·       Seamless connectivity to the Melbourne CBD for workers and student commuters via the recently upgraded Bridge Road tram network, with convenient access provided by an adjoining tram stop

·       Set to directly benefit from the nearby $220m ‘Richmond Quarter’ Build to Rent project that promises to deliver a bustling local community featuring a Coles Supermarket, commercial offices, and extensive retail amenity for local residents and workers

·       A vibrant commercial precinct located within close proximity to the MCG, AAMI Park, Royal Botanic Gardens and abundant café and culinary options along Bridge Road

·       Well serviced by complementary services and facilities including the Epworth Hospital, Victoria Gardens Shopping Centre and Richmond Recreation Centre.

·       A unique inner-city opportunity to capitalise on surging demand in Richmond with limited competition from nearby development projects

 

For Sale via International Expressions of Interest closing on Friday 2 July 2021 at 2pm (AEST). 


To obtain further information or to arrange an inspection, please contact the exclusive selling agents.


 

Josh Rutman | 0411 27 37 46

 

Tim Carr | 0415 767 915

Mingxuan Li 李名  | 0498 688 998


Stuart Taylor | 0428 000 000


*Approx

Investment Highlights

·       Strategic Triple Fronted Landholding

·       Suits Residential, Office and Retail (STCA)

·       Limited Surrounding Development Activity

Last Updated Date: 09 Jun 2021
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria
Tim Carr
Tim Carr
Executive - Middle Markets

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Last Updated Date: 09 Jun 2021

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