Bridge Rd, Richmond

Healthcare

Yield

N/A

Purchase price

2,400,000

Strategy

End value on completion of project: $162,000 / 5% cap rate = $3,240,000

Location

46 Bridge Road, Richmond, VIC 3121

Secured off-market, 30 m away from the Epworth, where the consulting doctor operates. This 150-year-old charming building to be converted to consulting suites will be a wonderful legacy asset for the business and an iconic location for the well-regarded specialist you.  As with all buildings, there are complications with rising damp, drainage, and some movement, but after engaging structural engineers and design consultants, we're able to ensure the property meets the brief and will stand the test of time.

Bridge Rd, Richmond

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