255-259 Bridge Road Richmond VIC 3121

Future Development Site Opportunity (STCA)

Next Door to Richmond Plaza Redevelopment

We are pleased to offer a brilliant Bridge Road site for Private Sale. 255-259 Bridge Road Richmond presents a rare offering for investors and developers alike, potential 4 tenants (retail & residential) and features excess land which is suitable to high density multi-level development (STCA).

The location of the property on Bridge Road is tried and tested with the highly successful Ark development and Richmond Plaza (currently under construction) immediately adjoining and the intersection of Church Street only metres away.

Direct access to the CBD, Melbournes sporting and entertainment precinct make this the hottest and most sought after inner city locations.

The key features of this outstanding development site are:
- Potential income of $125,000 - $135,000 per annum
- Site area of 620m² approx including driveway
- Land Size 18.35 x 33.76 m approx.
- Potential tenancy mix with retail and residential tenants
- Significant potential for multi-level mixed use development (STCA)
- Flexible Commercial 1 Zoning
- Blue chip location
- Excess land to rear
- Ability to capitalise on stunning views if redeveloped
- Immediate access to public transport
- Situated on one of Melbourne premier lifestyle retail shopping strips, Bridge Road
- 1.7kms (approx.) from Melbourne CBD