Richmond 246A Victoria Street
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Invest in Bustling Richmond
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Nestled amongst other well frequented businesses is an invest of note with a long-term tenant it represents a solid investment for the astute buyer. Richmond has been a popular suburb with young and mature Melburnians for work, dining and entertainment day and night. Victoria street is a major traffic corridor between the CBD and Melbourne's inner East suburbs such as Kew, Hawthorn and Camberwell and includes daily tram services to and from them equating to high volumes of people frequenting the area.
Commercial Zone 1Floor area 157m2 approx.Secured rear accessOne designated undercover parking spaceLease renewed in First of March 2023Original lease terms being 3 X 3 X 3. Lease was Commencing 01/03/2018) rent increase 2.5% per year Current rental returned $67,650 Inc GST + Outgoings
Outgoing :
Body corporation: $4,000/year approx.
Property Information
- Floor area approx 157sqm
Local Information Richmond
Education
Nearest Government Schools
- Abbotsford Primary School
- Richmond West Primary School
- Lynall Hall Community School
- Richmond High School
- Yarra Primary School
- Collingwood College
Nearest Private Schools
- Trinity Catholic School
- Sophia Mundi Steiner School
- Melbourne Indigenous Transition School
- Ignatius Learning Centre
- St Joseph's School
- Sacred Heart School
Local Amenities
Services
- Richmond Police Station
- Collingwood Police Station
- East Melbourne Police Station
- Fitzroy Police Station
Parks
- Victoria Park
- Pridmore Park
- Dame Nellie Melba Memorial Park
- Studley Park
Healthcares
- Mercy Hospital
- After Care Hospital
- Caritas Christi Hospital
- Royal Victorian Eye And Ear Hospital
Sport and Recreation
- Melbourne Cricket Ground
- Bill Lawry Oval
- Kevin Bartlett Sports Park
- Albert Park Sports Centre