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Lemon Baxter

109 Bridge Road Richmond, VIC 3121

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109 Bridge Road,
Richmond, VIC 3121

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Lemon Baxter
Paul O'Sullivan
John Pratt

Lemon Baxter

Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
Lemon Baxter
109 Bridge Road
Richmond, VIC 3121

Map of 109 Bridge Road

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Investor Opportunity with Massive Rental Upside

  • Located in the heart of Richmond
  • Current Rent $32,448* per annum
  • Rear access & car parking
Lemon Baxter is pleased to offer 109 Bridge Road, Richmond via on-site auction on Friday 8th December 2023 at 12pm. This is a fantastic investment opportunity with a securely leased property in the heart of Richmond.

Property details
| Tenant: Ms Peachy Juice bar
| Commercial 1 Zone (C1Z)
| Building Area: 130m²*
| Land Area: 123m²*
| Lease Term: 5 years with 5 year options
| Rear Access and Car Parking

The tenant, Ms Peachy Juice bar, has signed a lease with a term of 5 years, plus an additional 5-year option, returning net annual income of approximately $32,448 + GST. This was leased during COVID, huge upside!

The property offers the convenience of rear access and car parking. Situated on the Northern side near Epworth Hospital, this location experiences high foot traffic and is well-positioned for success.

The property's prime location and excellent long-term development potential make it an ideal addition to any investment portfolio.

For further information or to book a private inspection, please contact the exclusive selling agents at Lemon Baxter.

Property ID: 504460580Last Updated: 8 Dec 2023

Lemon Baxter
Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
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