20 Richards Street, Maidstone, VIC 3012 sold on 13 January 2026 | OnTheHouse
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Sold on 13 Jan 2026 - Price Unavailable

20 Richards Street
Maidstone VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 580m2
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Property Details for 20 Richards St, Maidstone

Building Type
Commercial
Land Size
580m2
Local Government
Maribyrnong
Lot/Plan
10/LP9684

Last Listing description (January 2026)

Phone enquiries - please call 1300 594 794 and quote property ID 36907.

An exceptional opportunity to secure both a FREEHOLD commercial property and a well-established retail mattress business all in the sought after inner-west suburb of Maidstone, Victoria.

THE BUSINESS - Cosy Bear Mattresses

Cosy Bear Mattresses has built a strong reputation over more than five years as a reliable and high-quality mattress retailer. Originally launched as a manufacturer, the business has evolved into a curated retail operation with a strong local following and growing online presence.

Business Highlights:
* Well established, profitable retail operation
* Strong online presence: Includes a fully operational eCommerce website and Facebook page
* Owner-operated by a husband and wife team
* Repeat customer base and brand recognition in the area
* Includes essential equipment (e.g. compressor)
* Stock sold at valuation (typically around $20,000)

THE PROPERTY - Flexible Commercial Space
* Land Size: 580 sqm
* Ground Floor Area: 579 sqm
* (36.57m depth x 15.84m width), including a retail showroom, kitchenette, toilets, and manufacturing/production space
* Upstairs Office Space: 65 sqm
* Onsite Parking: 4 spaces
* Large Roller Door: Easy truck/delivery access

THE LOCATION - Inner-West Position
* Located in a light industrial estate in Maidstone, just:
* 2025 minutes from Melbourne Airport
* 25 minutes from Melbourne CBD

This area is well-connected, making it ideal for a mix of retail, manufacturing, or warehousing businesses.

IDEAL FOR:
This versatile site is suitable for a wide range of commercial uses including:
* Light manufacturing
* Retail showroom
* Warehouse or storage facility
* Office or hybrid workspace

KEY OFFERING
This sale includes:
* The freehold commercial property in a premium location
* The Cosy Bear Mattresses retail business

Note: The owners preference is to sell commercial property and business together as a single package ($2,120,000), however will consider to sell the business only ($120,000 plus SAV).

Enquire today to arrange an inspection or request further details. Dont miss this unique chance to own a commercial property with an established income stream from day one.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 20 Richards St, Maidstone, VIC 3012

A timeline of how this property has performed in the market
Last Sold
13 Jan 2026
  • 13 Jan 2026
    Sold
  • 12 Nov 2025
    Listed for Sale $2M - (FREEHOLD)
  • 12 May 2025
    Listed for Sale $2M - (FREEHOLD)
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About Maidstone 3012

The size of Maidstone is approximately 3.2 square kilometres. It has 14 parks covering nearly 18.7% of total area. The population of Maidstone in 2016 was 9032 people. By 2021 the population was 9389 showing a population growth of 4.0% in the area during that time. The predominant age group in Maidstone is 30-39 years. Households in Maidstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maidstone work in a professional occupation.In 2021, 54.40% of the homes in Maidstone were owner-occupied compared with 52.30% in 2016.

Maidstone has 5,229 properties. Over the last 5 years, Houses in Maidstone have seen a 11.96% increase in median value, while Units have seen a 15.63% increase. As at 31 December 2025:

  • The median value for Houses in Maidstone is $900,565 while the median value for Units is $638,147.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 22 properties listed for sale, and 10 properties listed for rent in Maidstone on OnTheHouse. According to Cotality's data, 251 properties were sold in the past 12 months in Maidstone.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.