Stonebridge Property Group is pleased to present 109/91 Murphy Street, 112/91 Murphy Street, and 113/91 Murphy Street, Richmond for sale via Public On-site Auction.

Situated in Richmond’s tightly held commercial precinct, this portfolio presents an exceptional investment opportunity with low outgoings, strong tenant covenants, and direct proximity to Bridge Road. The location benefits from high-income demographics and anticipated urban growth.

Key highlights of the opportunity include:

• 1 x vacant possession building ideal for owner occupation and 2 x fully leased buildings with strong tenant profiles and built in rental growth potential
• Prime Richmond location near major public transport options on Bridge Road and freeway access via Burnley Street
• Proximity to local icons such as Mountain Goat Brewery, Marker Coffee, and Veneziano Coffee Roasters
• Richmond’s city-fringe appeal with 37% of households earning over $3,000 weekly, 12.8% above Victoria’s average

With separate titles, each property is offered individually as follows:

Shop 109/91 Murphy Street – Offered with Vacant Possession

Asking Price: $499,000

• 92 sqm*, offering a flexible open-plan layout with high ceilings and polished concrete floors
• 1 secure on-title car park
• Immaculate fit-out with kitchenette, bathroom, and meeting area
• Ideal for investors & owner occupiers seeking a low-maintenance asset in a thriving precinct

Shop 112/91 Murphy Street, Richmond – Leased Investment

Asking Price: $499,000

• Occupying 92 sqm* with a modern, bright layout with direct frontage to Murphy Street
• 1 secure on-title car park
• Polished concrete flooring, meeting space, and excellent natural light
• Strategic holding income of $24,999* + GST leased to Textile Distributors on a 5-year lease until December 2028

Shop 113/91 Murphy Street, Richmond – Leased Investment

Asking Price: $499,000

• This 91 sqm* suite offering has a well-finished space with industrial design elements and expansive Murphy Street-facing windows
• 1 secure on-title car park
• Open-plan space with partitioned meeting rooms and end-of-trip facilities
• An income of $25,008* + GST to Pearce Financial with lease expiring May 27 & 1 x 3-year option

The Private Investor Portfolio is offered for sale individually via Public On-site Auction on Friday, 6th December 2024:

• 109/91 Murphy Street, Richmond: 12:00pm (AEDT)
• 112/91 Murphy Street, Richmond: 12:30pm (AEDT)
• 113/91 Murphy Street, Richmond: 1:00pm (AEDT)

For further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately