Ever since “Marvellous Melbourne” emerged in 1880, Richmond has always been this city’s beating heart. Equally true, two iconic streetscapes – Swan Street and Bridge Road – have always represented Richmond’s soul. Today, in a post-Dimmeys era, Swan Street has already been transformed, and as any astute observer can clearly see, Bridge Road is on the brink of its own renaissance.
The indicators are unmistakable; the Victorian Government has just completed a $43m, state of the art, Richmond High School and a renowned mega-investor in Grocon, has just commenced its new Coles Redevelopment, an investment which will exceed $300m, with over 360 built-to-rent apartments, offices and retail spaces, including a brand new Coles supermarket. It is those same astute people who will note that Grocon is not a hit-and-run investor; they are renowned for playing a long game and in the case of this development, it is significant that built-to-rent means that they are heavily invested in improving the Bridge Road precinct over decades to come.
The Bridge Road Trinity is a series of three shops located on, without doubt, the best part of Bridge Road. Situated directly opposite the iconic 1880s era Richmond Town Hall, one only needs to look at the surrounds to see Bridge Road’s finest lifestyle and food tenants, with more than ample on-street and off-street parking and superb access to public transport – there is a tram stop directly opposite. Whether you want to land bank or develop, there’s no wrong answer here. Retail, office, residential… This is an absolutely prime position for a prestige development, whenever the time is right.
Put simply… There’s no better location on Bridge Road today and this property has been in the same hands for over 45 years – opportunities like this rarely present themselves – this is an unparalleled, “ground floor” opportunity for anyone perceptive enough to seize it…!!
Site Area 933m2* – Building 732m2*.
For Sale by Negotiation.
For all property enquiries or to arrange an inspection, please contact our exclusive sales team.