550 Swan Street,
Richmond, VIC 3121
Development Sites & Land • Offices • Showrooms & Large Format Retail
Price information
Sale
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Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$475,796
Private inspections
to arrange a private inspection.
JLL - Melbourne
Level 40, 101 Collins StreetMELBOURNE, VIC 3000
550 Swan Street
Richmond, VIC 3121
Map of 550 Swan Street
Train stations within 5 km of 550 Swan Street, Richmond, VIC 3121 Distance Burnley Station 326 m Hawthorn Station 1.2 km East Richmond Station 1.3 km Heyington Station 1.3 km Richmond Station 2 km POWERED BY HERE ©Tram stops within 5 km of 550 Swan Street, Richmond, VIC 3121 Distance 16-Park GR/Swan St (Burnley) 77 m 15-Stawell St/Swan St (Richmond) 169 m 17-Madden GR/Swan St (Richmond) 471 m 13-Edinburgh St/Swan St (Richmond) 565 m 22-Yarra BVD/Bridge Rd (Richmond) 801 m POWERED BY HERE ©Bus stops within 5 km of 550 Swan Street, Richmond, VIC 3121 Distance Como Park/Alexandra Ave (South Yarra) 1 km Balmerino Ave/Bruce St (Toorak) 1.1 km Grange RdBruce St 1.1 km Verdant Ave/Bruce St (Toorak) 1.2 km Opp 135 Alexandra Ave 1.2 km POWERED BY HERE ©
POWERED BY HERE ©
FOR SALE
- Substantial 2,758sqm* building
- Rare 1,627sqm* C1Z landholding
- Short-Term Income
RECEIVERS SALE | Trophy Swan Street Building with Significant Development Potential
Under Instructions from KordaMentha as Receivers and Managers Appointed, JLL and Cushman & Wakefield have the privilege of offering for sale this highly versatile development, investment or land bank opportunity in one of Melbourne’s most vibrant and sought-after retail and lifestyle precincts.
Key details of the opportunity include:
+ Substantial character filled two-level building providing 2,758sqm* of GFA with on-site carparking.
+ A highly versatile Commercial 1 zoned landholding of 1,627sqm* with 40m* of Swan Street frontage.
+ Strong existing short-term income profile, returning $475,796*^ + GST per annum.
+ The existing lease profile suits owner occupiers and allows for significant rental upside
+ Flexible Commercial 1 Zone and favourable planning parameters providing scope for major redevelopment (STCA), as evidenced by the new Australia Post HQ 480 Swan Street (200m* away), developed by Charter Hall.
+ Evolving commercial/lifestyle precinct with endorsement from some of Australia’s largest corporations including Australia Post, Bunnings and REA Group.
+ Positioned in Richmond’s ‘Parks Precinct’ with Burnley Park, Golden Square Bicentennial Park, Burnley Golf Course and the Yarra River all within close walking distance.
+ Highly accessible location serviced by trams along Swan & Church Streets, bicycle trails, and Burnley train station providing protected view lines towards the Yarra River.
*Approx.
^Gross
JLL
Jesse Radisich | 0402 085 7...
Josh Rutman | 0411 27 37 ...
Cushman & Wakefield
Daniel Wolman | 0412 957 8...
Hamish Burgess | 0421 641 4...
Under Instructions from KordaMentha as Receivers and Managers Appointed, JLL and Cushman & Wakefield have the privilege of offering for sale this highly versatile development, investment or land bank opportunity in one of Melbourne’s most vibrant and sought-after retail and lifestyle precincts.
Key details of the opportunity include:
+ Substantial character filled two-level building providing 2,758sqm* of GFA with on-site carparking.
+ A highly versatile Commercial 1 zoned landholding of 1,627sqm* with 40m* of Swan Street frontage.
+ Strong existing short-term income profile, returning $475,796*^ + GST per annum.
+ The existing lease profile suits owner occupiers and allows for significant rental upside
+ Flexible Commercial 1 Zone and favourable planning parameters providing scope for major redevelopment (STCA), as evidenced by the new Australia Post HQ 480 Swan Street (200m* away), developed by Charter Hall.
+ Evolving commercial/lifestyle precinct with endorsement from some of Australia’s largest corporations including Australia Post, Bunnings and REA Group.
+ Positioned in Richmond’s ‘Parks Precinct’ with Burnley Park, Golden Square Bicentennial Park, Burnley Golf Course and the Yarra River all within close walking distance.
+ Highly accessible location serviced by trams along Swan & Church Streets, bicycle trails, and Burnley train station providing protected view lines towards the Yarra River.
*Approx.
^Gross
JLL
Jesse Radisich | 0402 085 7...
Josh Rutman | 0411 27 37 ...
Cushman & Wakefield
Daniel Wolman | 0412 957 8...
Hamish Burgess | 0421 641 4...
Property ID: 504547884Last Updated: 29 May 2024
JLL - MelbourneLevel 40, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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