444-448 Swan Street, RICHMOND VIC 3121

Aston are pleased to offer 444-448 Swan Street, Richmond by Expressions of Interest.

Positioned in the heart of the Burnley station precinct, 444–448 Swan Street is a substantial freehold corner parcel offered to the market for the first time in a generation — a rare chance to secure scale, income and long-term development optionality in one of Melbourne's most active inner-city corridors.

Set on approximately 1,885m²* with dual street frontage to both Swan and Burnley Streets, the site enjoys exceptional exposure on the high-profile corner of the Burnley precinct — one of the last landholdings of this scale on the strip.

The offering is underpinned by a five (5) year vendor leaseback returning $550,000* per annum with fixed annual rent reviews, delivering immediate and secure income while the precinct's long-term trajectory plays out.

The features:

• Substantial freehold corner site area 1,885m²*
• Dual frontage to Swan Street and Burnley Street
• Building area of 1,658m²* across showroom and warehouse accommodation
• Fifteen (15)* on-site car spaces
• Zoned Commercial 1, within the Swan Street Major Activity Centre
• Five (5) year vendor leaseback returning $550,000* per annum
• Immediately adjoining a site with an approved thirteen (13) storey mixed-use development
• Significant amalgamation opportunity — development potential subject to planning approval
• Adjacent to Burnley Station, with Route 75 tram and direct CBD access

Exceptional development outcomes have already been achieved in the immediate precinct, positioning this holding as a genuine income-and-upside play for investors, developers and adjoining owners alike.

Full contract and legal documentation, together with detailed Realserve plans, are available to qualified parties.

For further information or to arrange a private inspection, please contact Jeremy Gruzewski on 0422 211 021 or Fred Nucara 0418 567 560 to discuss.

*approximate