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SOLD

195 Lennox Street, Richmond, VIC 3121

Properties / Sold / Victoria / Richmond

Development Potential

1. Property Summary

Property Type

Mixed Use

Land Area

1,482 m² (*approx)

Selling Method

EOI:

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2. Property Highlights

Richmond Hill’s Top Spot

Colliers International is pleased to offer what can only be described as one of the best development opportunities to hit the market in recent years. Perfectly positioned to offer future residents the ideal Richmond lifestyle, 195 Lennox Street’s enviable hilltop position provides the potential for stunning panoramic and CBD views.

A substantial landholding of 1,482m² on the ever flexible Commercial 1 Zoning makes the property ideal for a premium multi storey mixed use development (STCA). Alternatively, the two storey office building of 1,052m² provides in demand and quality office space which is perfect for owner occupiers or the astute investor. A flexible lease is currently in place to long standing tenant Tract Consultants returning $367,088 net p.a (approx).

195 Lennox’s hilltop position is central to all that Richmond offers, and it is this coupled with the potential for stunning views that Colliers International urges you to strongly consider its acquisition.

The property is for sale by Expressions of Interest closing Thursday 24 March 2016 at 3:00PM

Peter Bremner

0412 326 942

Ted Dwyer

0411 312 165

Jeremy Gruzewski

0422 211 021

Find out more: Click on the MESSAGE AGENT button above, or when calling the nominated Agents remember to mention you found this property on DevelopmentReady