363-365 Bridge Road, Richmond, VIC 3121

Retail | Offices | Development/Land

Sold

  • Property ID: 448462
  • Floor Area: 232m²
  • Land Area: 270m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/10/2024 232m2 270m2 Contact Agent
2 x Freehold Shop/Offices Ready to Occupy/Add Value with Secure Parking + Upside

Stonebridge Property Group is pleased to present for sale 363-365 Bridge Road, Richmond.

363-365 Bridge Road, Richmond is the sale of 2 x shop/office buildings with a well-designed modern internal fit-out plus rear laneway access.

The freehold landholding is in the heart of Richmond’s dynamic mixed-use precinct and provides immediate access to Melbourne’s most attractive inner-city amenities.

Key highlights of the property include:

- Existing improvements comprise 2 x multi-functional shop/office/residence buildings with modern internal fit-out, end-of-trip facilities including shower, open plan space, exposed brick and favourable office/meeting rooms

- Exceptional open plan character feel building with a total area of 232 sqm*

- 2 x rear secure undercover car parks accessed via rear laneway

- The improvements can be continued as a conjoined offering or separated back to two individual shops/offices (STCA)

- A strategic freehold landholding of 270 sqm* which is dual-fronted with the ability to add value via re-purpose, re-fit, value-add or development upside (STCA)

- Expansive frontage of 9.2 m* to Bridge Road and rear access allowing for significant retail activation or any future development

- An ideal environment that will progress the business enterprises of owner occupiers, yet ideal for SMSF's and investors, noting there is vacant possession

- Join Richmond’s dynamic mix-use precinct, ideal for graphic designers, marketing agencies, architects, builders, developers, sound studios, family offices, engineers, plus more

- Strategically located in a vibrant area, with a short walk to Coles Richmond (350 m*), Citizens Park (220 m*) and easy access to Melbourne CBD (2.5 km*)

- Ultra-connected location with a 97 out of 100 walk score**, noting tram stops at the doorsteps and accessibility to West Richmond, Richmond and East Richmond Train Stations

*Approximate

**Source: walkscore.com

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 892

Dylan Kilner
0459 396 341

Nic Hage
0448 782 594

Tony Sun ???
0432 022 868

Property Code: 1072

Richmond Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7131 $648 9.09%
Industrial $6564 $421 6.41%
Retail $6628 $401 6.06%
This is the average advertised price, rent and yield for Richmond, VIC 3121*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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