THE FACTS

330 - 332
bridge road

RICHMOND

Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 330-332 Bridge Road

THE PROS

  • Located in arguably the best location on Bridge Road
  • Meticulously renovated from top to bottom highlighting the character of the original building, with exposed brick walls, while adding modern touches
  • Double fronted shop with bifold doors opening onto Bridge Road
  • Corner location
  • Rear laneway access
  • Rear secure parking
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 330-332 Bridge Road
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 330-332 Bridge Road

THE CONS

  • The majority of the property, comprised of small rooms with no ability to be utilised entirely as retail
  • The front section, which is the prime retail area was circa $800 m2

THE CHALLENGES

  • Marketing campaign was undertaken through the Covid lockdown
  • There was a strong hesitation in the food and drinks sector at the time – despite the property being best suited to this sector
  • The campaign focused on the quality of the property, which was second to none, detailing all the improvement specifically 
  • There were roughly 4 times the normal number of photos used, this was for two reasons
    • Illustrate the different rooms to the market
    • More importantly, to illustrate the quality of the renovations and the current presentation
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 330-332 Bridge Road
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 330-332 Bridge Road

THE REVEAL

  • After a period of time on market, there were multiple offers submitted to the Landlord and the property was leased
  • The campaign received 5,982 hits, compared to the market average of 420 i.e. 14.3 times higher

the facts

MARKET AVERAGE LISTING

0
k

HITS

0
k

HITS

0
x

higher

Campaign performance

No Data Found

thousand (k)

No Data Found

No Data Found

thousand (k)

VIEWS
ENGAGEMENTS

No Data Found

SAVE & SHARE
ENQUIRIES

market average