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21 Bromham Place Richmond, VIC 3121

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21 Bromham Place,
Richmond, VIC 3121

Hotel, Motel & Leisure • Development Sites & Land

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REVISED PRICE - LIVE, WORK, INVEST, DEVELOP! WITH 9 BEDROOMS...THE CHOICE IS YOURS!

Rarely does an opportunity of this calibre present itself in the heart of Richmond. One of a kind with no heritage overlay and a fantastic layout offering up to 9 bedrooms, 4 bathrooms and ample office space, this exceptional property provides a rare chance to develop, invest and live comfortably within a sought-after lifestyle location.

Currently a lucrative and popular accommodation business/hostel, trading under the name Central Melbourne Accommodation which is perfect for both short and long term stays. Close proximity to hospitals, cafes and retail for employment opportunities has made it a long-term local favourite, primed and ready for a keen investor to take over.
Well-maintained by the same family for more than 20 years, and with a coin-operated laundry, communal lounge, shared central kitchen and two off-street parking spaces, you have everything you need for a lifetime of rewards.

Alternatively, utilise the space and the potential to redevelop it into a townhouse/apartments (STCA) and make the most of the vibrant and central location, only metres to Citizens Park, trams, Bridge Road’s dining and retail precinct, Epworth Hospital and only a few minutes commute to Melbourne’s CBD and elite schooling options. Whether seeking a development project, lucrative business opportunity, ready-made investment or a fantastic family home, this residence ticks all the boxes.

A rare opportunity like this is not seen in Richmond very often.


Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

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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21 Bromham Place
Richmond, VIC 3121
BigginScott - Richmond
28 Bridge Road
RICHMOND, VIC 3121