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Gorman Commercial Real Estate

613-617 Bridge Road Richmond, VIC 3121

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613-617 Bridge Road,
Richmond, VIC 3121

Shops & Retail • Development Sites & Land

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Land area

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Gorman Commercial Real Estate
Stephen Gorman
Tom Maule

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
613-617 Bridge Road
Richmond, VIC 3121

Map of 613-617 Bridge Road

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ULTIMATE LANDBANK/DEVELOPMENT OPPORTUNITY

  • First time offered in 70 years
  • Land area: 648 sqm (approx.)
  • Three street frontages
A truly rare opportunity to acquire this outstanding property with income and significant future development potential.

Executor's Auction: Wednesday 18th November at 12 noon on-site

* First time offered in 70 years
* Land area: 648 sqm (approx.)
* Commercial 1 zoning
* Income: $154,999 pa plus GST and outgoings
* Building area: 710sqm (approx.)
* Three street frontages including 20m+ frontage to Bridge Road

Situated within this tightly held location, the property is walking distance to the Yarra River walking trail and parklands, Victoria Gardens Shopping Centre, Bridge Road retail, cafes, restaurants, public transport and unrivalled lifestyle amenity.

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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