A unique three-story building in the tight and exclusive precinct of Richmond Hill. 195 Bridge Road Richmond TCI. 248m². 2 Parks. Download the brochure now!
Sale by Negotiation
Two car parks
There is a strong and growing trend that has changed the landscape of Richmond Hill.
Medical suites and associates uses were once confined to the Epworth Hospital… This has now ‘spilled’ over onto Bridge Road, creating an ever growing demand and ever increasing land appreciation. This is now a tight and exclusive precinct.
Sites in this precinct were once exclusively considered in terms of ground floor retail shops, with apartments above… This has now been redefined, with ground floor retail shops with office and medical suites above.
This change has brought upon a new type of development. One where an owner has the option to build and retain the developed building as a yielded investment. Capitalising on the high return commercial shops and offices, while enjoying land appreciation over time – or alternatively, on selling the whole completed asset.
The ‘House’ on top of Richmond Hill i.e. 195 Bridge Road, is brilliantly located to take full advantage of this.
An existing, three storey building – the bottom two floors are commercial use, while the top floor is a three bedroom residence. Development plans and a permit is already in place, whether you chose to use the existing permit, modify to a different use, start fresh or leave the building “as is”is completely up to you.
Owner occupy… Land bank… Invest… Develop… Whatever you choose, all options will take full advantage of this precincts prestigious land appreciation on offer.
463 Bridge Road, Richmond 3121
03 9426 8000
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