Savills is delighted to offer for sale this prime double fronted retail building within the heart of the Bridge Road retail precinct. This property represents a fantastic opportunity to acquire a prominent, fully leased asset situated in the highly desirable inner city suburb of Richmond. The key attributes of this fantastic property include:

  • Two adjoining shops with first floor office and separate apartment

  • Exclusive Richmond landholding of 516sq m* with rear access

  • Prominent frontage to Bridge Road of 12.6m*

  • Current Rental of $105,313 per annum* offering significant upside

  • Commercial 1 Zoning

  • Substantial redevelopment potential ideal for residential, medical or office (STCA)

  • Perfectly positioned on the edge of the CBD and only moments from Melbourne’s Sports Precinct including the MCG

  • Highly sought after location opposite the Epworth Hospital

  • Surrounded by every conceivable retail and lifestyle amenity being situated on Bridge Road and with Swan Street, Church Street and Victoria Street all nearby

  • Extremely well serviced with a tram route at the front door, bus routes along Punt Road, Richmond Train Station and Citylink within 1.3km*

54-56 Bridge Road, Richmond is For Sale by Expressions of Interest closing Tuesday 28 August at 2pm.