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Belle Property Commercial - South Melbourne

186-188 Bridge Road Richmond, VIC 3121

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186-188 Bridge Road,
Richmond, VIC 3121

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Belle Property Commercial - South Melbourne
Nick Mavrodoglos
Charles Carty

Belle Property Commercial - South Melbourne

100 Tope Street
SOUTH MELBOURNE, VIC 3205
Belle Property Commercial - South Melbourne
186-188 Bridge Road
Richmond, VIC 3121

Map of 186-188 Bridge Road

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UNDER CONTRACT - Prime Dual Frontage Freehold Investment

Belle Property Commercial is pleased to offer 186-188 Bridge Road, Richmond for Private Sale.

An exceptional opportunity to secure a high-exposure, double-fronted commercial freehold property in one of Melbourne’s inner-city suburbs.

Key Highlights:
- Positioned on Bridge Road between Church Street and Lennox Street, just minutes from Melbourne CBD. Well-connected by public transport and surrounded by vibrant cafés, restaurants, and iconic retailers
- Substantial land allotment of 186 sqm*
- Versatile improvements spanning 220 sqm* of total building area over two (2) levels
- Commercial 1 Zone (C1Z)
- Two (2) established tenancies with a combined gross income of $76,581 per annum

Ideally located on Richmond Hill with the added advantage of the ongoing development along Bridge Road and Burnley Street, with urban planning improvements such as the recently announced City of Yarra activity centre, set to enhance property values in the short term.

Inspections by appointment.

For more information please get in touch with the sales and marketing agents:

Charles Carty 0438 277 0...
charles.carty@belleproperty.com

Nick Mavrodoglos 0402 318 8...
nick.mavro@belleproperty.com

*Approx.

Richmond, 3121 demographic data

The median household income for Richmond is $2,245, 18% higher than Greater Melbourne's household income of $1,901. Richmond has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 55% of property owners in Richmond have a mortgage.

28,587
Population
$2,245 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households

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