+ Large 661SQM* commercial zoned site
+ Established building envelope with permit approval for an eight (8) level development
+ Two street frontages allowing front and rear access from Bridge Road & Leggo Place
+ Existing retail & commercial improvements with income potential
+ Prime positioning adjacent to the coveted 'Richmond Hill' precinct
+ Unrivalled retail, dining & lifestyle amenity on Bridge Road & wider Richmond plus Victoria Gardens Shopping Centre (1.3km*)
+ Within Melbourne's famed sporting precinct, with the MCG, AAMI Park & Rod Laver Arena all less than 1.5km*
+ Exceptional transport links via nearby Richmond (800m*) & West Richmond (550m*) Train Stations, Bridge Road trams & thoroughfare roads providing direct access to the Melbourne CBD (2km*)
For sale via public on site auction on Friday 15th September 2017 at 10.30am
Open for inspections:
Thursday 24th August 2017 at 10.30 - 11.00am
Friday 1st September 2017 at 10.00 - 10.30am
Thursday 7th September 2017 at 12.30 - 1.00pm
For information please contact the Victoria Development Sites team to register your interest
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.
Richmond has 22,678 properties. Over the last 5 years, Houses in Richmond have seen a -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:
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