455-457 Bridge Road,
Richmond, VIC 3121

Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail

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PROMINENT CITY FRINGE INVESTMENT

Opportunity to acquire a long term securely leased investment with a National Tenant.

This well exposed property is situated within an active retail strip close to a number of transport options, Citylink access and Melbourne's CBD

Features:

•Land area 333 sqm app
•Building area 390 sqm app
•Two street Frontage with rear RSD access
•Current rental $92,742.00 per annum plus GST and Outgoings
•Lease term Five (5) years commencing on the 1st of May 2021
•Options Two (2) further terms of five (5) years each
•Kitchen & Toilet Amenities
•Boardroom on the mezzanine floor

For further information to arrange an inspection, please contact the agents directly.

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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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Most residents

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