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Gorman Allard Shelton is pleased to offer 234 & 236-238 Bridge Road, Richmond for sale by way of public Auction on Friday 28 July at 12 noon on-site. Outstanding opportunity to acquire one or two exceptional retail investments in the heart of Bridge Road. Each property presents in exceptional condition offering quality set and forget investments. 234 Bridge Road:
* Income: $43,709 per annum + GST + outgoings
* 5+5+3 year lease (commencing May 2020)
* Land area: 215 sqm (approx.)
* Building area: 185 sqm (approx.) 236-238 Bridge Road:
* Income: $92,700 per annum + GST + outgoings
* 5+5+5+5 year lease (commencing January 2022)
* Land area: 342 sqm (approx.)
* Building area: 397 sqm (approx.) Directly opposite recently completed Richmond Trader’s Shopping Centre comprising 10,000 sqm retail space, brand new Coles supermarket and 360 apartments. Outstanding city fringe location, metres from Bridge Road and Church Street intersection, as well as an abundance of public transport and lifestyle amenity. 400 metres to Epworth Hospital and medical precinct.
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