Edwardian style Richmond Hill retail building on market

Edwardian style Richmond Hill retail building on market
Edwardian style Richmond Hill retail building on market

A two store commercial strip investment at Richmond is set for an october auction

Located at 142 Bridge Road between Lennox Street and Wustemenn Placethe property comprises 135 sqm, two level, Edwardian style building. 

Previously operated as a restaurant, the ground floor comprises a dining area and commercial kitchen and on the first floor mezzanine, a function area.

It also benefits from first floor storage/office space and a rear courtyard. 

The Commercial 1 zoned site has just under five metres frontage to Bridge Road and secondary access via a laneway at the rear to parking. 

Teska Carson’s Fergus Evans and Adrian Boutsakis have the listing. 

"This property will have enormous appeal to investors and owner-occupiers with its close proximity to the $350 million Epworth Hospital redevelopment along with several new developments due for completion in 2020/2021, and on one of Melbourne’s best known and most popular retail strips,’’ Mr Evans said.  

Mr Boutsakis said the area had enjoyed commercial and residential development in recent years driven by population growth and the first rate amenity in close proximity to the CBD.  

He said the location also benefitted from excellent public transport, recreational facilities and close proximity to major arterial routes.

The property will be auctioned on FridayOctober 11.

Tags: 
Retail Richmond

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