37-43 Bridge Road Richmond VIC 3121

Stonebridge Property Group & Lemon Baxter are pleased to present for sale 37-43 Bridge Road, Richmond.

The key highlights of the opportunity include:

- 37-43 Bridge Road, Richmond stands as a highly versatile freehold investment in one of Melbourne's most acclaimed retail and residential positions

- Comprising 3 high-quality Bridge Road fronting retail shops and 8 spacious and well-designed residential apartments to be offered in one line

- Providing future potential to unlock value through subdividing the asset and selling down each opportunity separately

- 100% leased and providing a diverse annual income

- With Richmond's residential vacancy currently at 0.8% the property is poised for exciting rental growth possibilities and offers a low-risk investment opportunity

- The commanding freehold spanning 1,100 sqm* of building area and benefits from 19 m* of ultra prime Bridge Road exposure (3 shop fronts)

- Underlying fundamentals include a 520 sqm* Commercial 1 zoned landholding with the added convenience of rear lane access and on-site car parking

- The property resides in a thriving precinct, walking distance from Melbourne's globally recognised sporting precincts (MCG, AAMI Park, Melbourne & Olympic Park) and the CBD (1.5 km*)

- Supported by access to a multitude of public transport options including West Richmond. Richmond and Jolimont Train Stations plus trams along Bridge Road

- Located in the heart of the Bridge Road, Richmond and set amongst the Richmond medical precinct, home to the Epworth Hospital, and a number of high-density residential developments

37-43 Bridge Road, Richmond is offered for sale via Public On-Site Auction Thursday 16th November 2023 at 12:30pm (AEDT).

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

Stonebridge Property Group:

Nic Hage
0448 782 594

Dylan Kilner
0459 396 341

Sarah Xi
0468 320 297

Rorey James
0439 400 081

Lemon Baxter:

John Pratt
0412 350 828

*Approximately