24-28 River Street, Richmond, VIC 3121

Lemon Baxter, in conjunction with TCI, is pleased to present 24–28 River Street, Richmond for sale — a securely leased inner-city industrial investment occupying a prominent corner position at River Street and Blazey Street.

The property comprises a large-format showroom, retail and warehouse facility fully leased to Tradelink Pty Ltd. The lease expires on 30 April 2028, with a further five-year option, and generates a current passing net income of $308,015.83 per annum plus GST, subject to annual CPI rent reviews. The lease also provides for a 24-month notice-to-quit provision, offering flexibility for future owner-occupation or redevelopment.

Key highlights include:

- Current passing net income of $308,015.83 per annum plus GST

- Fully leased to national occupier Tradelink Pty Ltd

- Lease secured until 30 April 2028, plus a further five-year option

- 24-month notice-to-quit provision, allowing flexibility for future owner-occupation or redevelopment

- Annual CPI rent reviews

- Net lease structure, with the tenant responsible for recoverable outgoings, including land tax

- Substantial 1,866.91 sqm* corner landholding across two titles

- Approximately 30.55 m* frontage to River Street and 61.27 m* to Blazey Street

- Industrial 1 Zone under the Yarra Planning Scheme

- Strategic inner-Richmond position with convenient access to the Melbourne CBD and major arterial connections

For Sale by Expressions of Interest closing Thursday, 3 September 2026 at 12:00pm (AEST).

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

*Approximately.

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