Land

373-375 Bridge Road, Richmond

373-375 Bridge Road Richmond, VIC Australia 3121
Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2000
Land Area ()

Property description

JLL Capital Markets are pleased to offer for sale this high profile Richmond landholding with high quality existing improvements plus the benefit of an approved permit and endorsed plans for a mixed-use project.

 

Key details of the opportunity include:

- Prominent Bridge Road landholding with 12m retail frontage and valuable rear access

- An unrepeatable planning approval and endorsed plans for a striking 8-level project comprising 25 apartments + ground level retail

- Quality existing retail improvements leased on a short-term basis returning $153,830 per annum

- Flexibility to invest/re-lease, occupy or deliver the approved project

- Positioned within the strongest and most vibrant section of Bridge Road amongst acclaimed cafes, restaurants and bars

- Exceptional lifestyle location close to Citizens Park and the bustling Gleadell Street markets

- A short walk to the brand-new Richmond Traders retail precinct including brand new Coles

- Tram routes outside the property provide direct access to the CBD


373-375 Bridge Road, Richmond is For Sale by Public Expressions of Interest closing on Wednesday 8 June at 2pm (AEST).


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

 

Jesse Radisich | 0402 085 702

Josh Rutman | 0411 27 37 46

MingXuan Li | 0498 688 998

Investment highlights

·        Invest/Occupy/Develop

·        Approved permit + Endorsed Plans

·        Superb lifestyle location 

Last Updated Date: 10 May 2022

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Last Updated Date: 10 May 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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