404 Bridge Road, Richmond
A Treasure Trove of Potential in Richmond
• Position, Exposure & Opportunities!!
• Commercial Freehold
• Land area 194 sqm (approx.)
• Commercial 1 Zone (C1Z)
• Development Planning overlay zoned DDO21
• 4 Private rooms Medical/Consultant or Professionals (STCA)
• Retail space both levels (total of 148 sqm approx.)
• Sold with Vacant Possession
Dare to dream! A prime and rare commercial freehold is on offer: Zoned Commercial Zone 1 (C1Z), planning overlay classified as DDO21, and boasting a total land size of 194 sqm (approx.)! Featuring a ground floor of a total 93 sqm (approx.) [including a main retail space & show room at 64 sqm (approx.)], PLUS an upstairs level of an additional 84 sqm (approx.) consisting of 4 rooms.
Located on Bridge Road in a sought-after inner-city position, surrounded by cafes & shops, with trams out front and Burnley Station only 1 km away, 404 Bridge Road presents itself to the market for the first time in over 37 years of ownership. Previously generating a long-term tenant of 27 years and a rental return of $46,000 p.a. + all outgoings. Currently being sold with vacant possession.
It's the perfect opportunity to open your dream establishment and bring your visions to life in a bustling business district. The first floor offers 4 business suites, suitable for medical, consulting, retail, office, café or other purposes (STCA). The ground floor offers a large retail space, show room, bathroom, and kitchen + meals area.
Outside features a covered alfresco, and secure parking for around three cars with handy laneway access.
In a premium location with maximum street frontage, this is your chance to seize an increasingly rare opportunity within 3km from the CBD. Extra location highlights include proximity to Victoria Gardens Shopping Centre, schools, business parks, and the MCG, plus central access to the Eastern Freeway and South Eastern Freeway.
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