The Swan Street Collection Richmond

Sale

THE SWAN STREET COLLECTION

“The Development”… “The Land Bank”… “The Consolidation”… These are the names we’ve given to the three offerings, in the iconic and generational, Swan Street Collection.

All three offerings are located on prestigious Swan Street and fall within the Swan Street Activity Centre – which calls for each site to be rezoned from Commercial 2, into Commercial 1, with new recommended built form guidelines of both 12 and 10 storeys respectively.

Swan Street is the epicentre of Richmond – a technological, business and lifestyle hub. It’s no coincidence that Myob, Seek and the first autonomous 7-Eleven call Richmond home. There are a ‘shopping list’ of national and multinational tenants, leaders of the global economy, everywhere you turn, in both retail and office capacities.

To put it simply, Swan Street is the best there is and the Swan Street Collection, is perfectly located to fully capitalise on each every upside, Richmond has to offer. It has the highest and best development potential within the Swan Street Activity Centre.

The Swan Street Collection is being offered individually, or together… Below is a summation of each offering.

 

“The Development”… 362 – 368 Swan Street, Richmond
An exceptional, ‘ready to go’ development opportunity with secure, short term holding income. Currently leased to Zagame Automotive & Telstra – the leases expire December 2021.

  • Site 3,103m2 – Building 2,026m2
  • Current Income ~$521,000pa + og’s + gst
  • Offered for Sale or Joint Venture

 

“The Land Bank”… 382 – 386 & 388 – 390 Swan Street, Richmond
Two brilliant, new construction retail showrooms – currently used as the McLaren & Lamborghini showrooms. Both properties are securely leased for 15 years to Zagame Automotive, with development/termination clauses, meaning a development can occur in October 2027.

  • Site 2,330m2 – Building 1,651m2
  • Current Income ~$651,000pa + og’s + gst
  • Offered for Joint Venture

 

“The Consolidation”… 362 – 368, 382 – 386 & 388 – 390 Swan Street, Richmond
The amalgamation of all sites, to create a once in a lifetime, generational opportunity – with secure holding income and supreme development potential and upside.

  • Site 5,433m2 – Building 3,677m2
  • Current Income ~$1,173,000pa + og’s + gst
  • Offered for Joint Venture

 

Offered by Expressions of Interest opening 1 October.

For all property enquiries or to arrange an inspection, please contact our exclusive sales team.

*Approx.

Jack Teneketzis