Property Details

406 Victoria Street Richmond, VIC 3121

  • 406 Victoria Street Richmond 3121 (7)
  • 406 Victoria Street Richmond 3121 (3)
  • IMG20190617104809
  • 406 Victoria Street Richmond 3121 (5)
  • 406 Victoria Street Richmond 3121 (6)
  • 406 Victoria Street Richmond 3121 (4)
  • 406 Victoria Street Richmond 3121
  • 406 Victoria Street Richmond (12)
  • 406 Victoria Street Richmond (13)
  • 406 Victoria Street Richmond (14)

Expression of interest, For Sale E.O.I closes Sat 3 August, 6:30 pm- Call Steve 0497 18 18 18 - Commercial, Land / Developments
376 sqm 2 approx  Add to Favorites Print

Significant corner landholding with development upside (SCTA)!

Commercial Real Estate Group is delighted to present 406 Victoria St, Richmond for Sale by Expressions of Interest closing Saturday 3rd August at 6:30pm

INSPECTION TIMES:

Thursday 25th July 5pm – 6pm
Saturday 27th July 2pm – 3pm
Thursday 1st August 5pm – 6pm
Saturday 3rd August 2pm – 3pm

  • Potential to take advantage of excellent market conditions and develop this block (SCTA)
  • Buy and hold, rent or develop, or both

376 square metres of C1Z land, with current improvements including 2 storeys of commercial floor area, plus a rear warehouse with roller door. Situated on a corner block in a great location, just 450m* from major retail shopping centre, Victoria Gardens.

Located on Victoria St, Richmond which is a prominent location for all commercial business types (retail, office, medical, child-care), with strong development potential including commercial, residential, or mixed-use (SCTA).

Currently excellent income producing asset (290 sqm* net lettable area office floor area plus 200 sqm* net lettable area industrial floor area). Estimated potential net rental return of $141,000 – $167,500 per annum* (plus GST plus Outgoings)

Benefit from proximity to Victoria Gardens, Victoria Street, with nearby public transport and connection to CBD.

To secure this great opportunity, please contact Steve on 0497 18 18 18 to discuss the asking price, terms and arrange an inspection.

Land Area 376 sqm*

Building Area 490 sqm*

For further information please don’t hesitate to contact Steve on 0497 18 18 18.

For Sale by Expressions of Interest – Closing: Saturday 3 August, 6:30 pm.

 

 

 

 

Commercial Real Estate Group – Setting the standards others follow!

Specialist in Commercial Real Estate – Selling | Leasing | Property Management | Business Sales
Industrial / Factory / Warehouse | Retail / Shop | Commercial Land Developments | Showroom & Bulky Goods | Hotels| Medical | Office

Due Diligence check list: Consumer Due Diligence Check List

Lease Information: Victoria Leasing Brochure

Local Knowledge

We are your local specialist in the following suburbs for commercial real estate:–

Bulleen – Balwyn, Canterbury, Doncaster, Donvale, Heidelberg, Heidelberg Heights, Ivanhoe, Kew, Manningham, Northcote, Preston, Rosanna, Surrey Hills, Templestowe, Thornbury.
Bayswater – Blackburn, Box Hill, Heathmont, Mitcham, Nunawading, Ringwood, Wantirna.
Thomastown – Bundoora, Mill Park, Campbellfield, Eltham, Epping, Greensborough, Reservoir, Watsonia.
Glen Waverley – Bentleigh, Bentleigh East, Braeside, Clayton, Cranbourne, Dandenong, Dandenong South, Highett, Keysborough, Mordialloc, Mulgrave, Oakleigh , Oakleigh South, Mount Waverley, Rowville, Scoresby, Springvale South, Wheelers Hill.

DISCLAIMER: Responsibility for any omissions or errors contained on this website are expressly disclaimed and denied. All sizes, pricing indicated are approximate and may not be accurate. To satisfy your needs, you will need to conduct your own investigations, due diligence, research regarding any properties advertised on this website or represented by the owner or agency. Some information displayed has been obtained from third parties and has not been verified.

 

 

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Agent Steve Morandini- Sales & Leasing Executive

  • Office : 1800 18 18 88
  • Mobile : 0497 18 18 18

Steve is a property expert with over 5 years in real estate, combined with university studies in the…
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