389-393 Swan Street,
Richmond, VIC 3121

Development Sites & Land • Showrooms & Large Format Retail • Offices

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SWAN STREET DEVELOPMENT, OCCUPATION OR INVESTMENT OPPORTUNITY

523sqm* of Commercial 1 zone land
Surrounded by world best car brands
Only 3kms to Melbourne CBD

Teska Carson & Colliers are pleased to present 389-393 Swan St Richmond For Sale by Expressions of Interest closing Wednesday 7th December at 3pm. Three retail shops on 523m² makes for a highly appealing Commercial or Residential re-development, owner occupation or investment opportunity proposition in the heart of Richmond.

Key highlights of the opportunity include:

- 523m²* landholding with 16.9 metre frontage to Swan Street and rear access via Beissel Street

- Commercial 1 zoning underpins a variety multi-storey development outcomes including commercial, residential or hotel (STCA)

- Design and Development Overlay stipulates allowable height of 28m - providing strong multi-storey planning guidelines

- Immediate location is home to the world’s most premium automotive manufactures including Ferrari, Lamborghini, Rolls Royce, Aston Martin, McLaren, Maserati and Audi whilst also only 100 metres from Charter Hall’s 32,000m² Australia Post HQ

- Located by outstanding amenity, including renowned eateries, public open space, Yarra River trails and close proximity to the Melbourne CBD (3km’s)*

- Exceptional public transport access with Burnley Train Station only 200m*, as well as tram stops along Swan Street, which all provide direct access to Melbourne CBD (3km*)

- Existing improvements comprise 3 retail shops with on-site car parking. Income potential will provide income during planning or a two-phase development outcome

Please call for further information or to arrange an inspection.

*Approx.

Agents in conjunction:

Teska Carson
Matthew Feld 0415 803 3...
Larry Takis 0418 844 5...

Colliers
Daniel Wolman 0412 957 839
Ted Dwyer 0411 312 615
Leon Ma 0417 070 725

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

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