380 Victoria Street, Richmond, VIC 3121 | Commercial for sale | OnTheHouse
 
FOR SALE
$200,000

380 Victoria Street
Richmond VIC 3121

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FABULOUS CAFE IN PRIME LOCATION, RICHMOND – CHEAP RENT INCLUDING UPSTAIRS RESIDE

Phone enquiries - please call 1300 594 794 and quote property ID 19810.
This café MUST be seen to appreciate. Lovely décor with inside and outside eating (including private alfresco area). Established for more than 3 years with takings ranging from $15,000 - $30,000 per month.
Located in a prime location on a corner with its own building. Currently trades only 6 days per week from 7.00am until 3.00 and serves breakfast and brunch only. This is a huge opportunity for the new owner to expand into lunch and even in the evenings. Possible alchol licence could also be obtained for evening meals. Endless opportunity. The business does around 10kg of coffee per week (and rising).
The premises are leased with a long lease in place (3x3x3). Monthly cost is $4,700 per month including GST and INCLUDES the residence upstairs making this a very attractive business for an owner operator. Upstairs has 3 rooms and its own toilet (note it does not have a kitchen) but the café kitchen can be used.
All equipment is included in the sale and is fully owned. Good coffee machine, induction cooking, toasters etc all in place and in good condition. There is a Barrister and a kitchen hand employed, plus the owner.
The business has a good facebook and social media presence. Also, on the major food websites.
Crompton Coffee is now on the market and note that the selling price is the same as its original purchase price. Current owners have never run a café before with food and have decided that the business is far better off in ‘experienced hands’. Imagine: This business is really only running around 50% of its capacity. It is in a great location and is an excellent opportunity.

Property Details for 380 Victoria St, Richmond

Building Type
Commercial
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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.

Richmond has 22,572 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:

  • The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 58 properties listed for sale, and 59 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 945 properties were sold in the past 12 months in Richmond.

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