the facts

PART LEVEL 1
345
BRIDGE ROAD

RICHMOND

Leased Level 1 345 Bridge Road Richmond TCI - An in depth look behind the scenes of the campaign. We'll explain the pros, the cons, the challenges & the reveal!

The Facts Level 1 345 Bridge Road Richmond TCI Lease Leased

THE PROS

  • Renovated high quality office
  • Furnished with existing workstations, meeting room and private offices
  • Ready for immediate occupation
  • Opportunity for new tenant to save on fit-out expenses
The Facts Level 1 345 Bridge Road Richmond TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
The Facts Level 1 345 Bridge Road Richmond TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE CONS

  • Entrance to premises was from side street only
  • Shared bathroom facilities

THE CHALLENGES

  • The office market was flooded with over 1,500 other properties for lease in Richmond
  • To overcome this, our marketing campaign promoted all inclusions and cost savings and the affordability this presented, to stand out in a depressed and flooded market
The Facts Level 1 345 Bridge Road Richmond TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
The Facts Level 1 345 Bridge Road Richmond TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE REVEAL

  • Within 11 weeks (including Christmas and New Years downtime), TCI leased the property at a rent of $78,000 per annum + GST or $325/m2
  • This result was proudly achieved under instructions of City of Yarra
  • Final result being 2.45 times quicker than market average

the facts

market average

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DAYS on market

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days on market

0
.45

TIMES QUICKER

Campaign performance

No Data Found

DAYS ON MARKET

No Data Found

DAYS ON MARKET

market EXPECTATION

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road

Leased Level 1 345 Bridge Road