10 York StreetRichmond VIC 3121
Property Details for 10 York St, Richmond
Last Listing description (May 2021)
EXPRESSIONS OF INTEREST CLOSING MONDAY 14 DECEMBER AT 5PM (IF NOT SOLD PRIOR)
Prepare to be surprised! This vast 1920s warehouse (893sqm approx. floorspace, zoned Mixed use) with redevelopment potential (STCA) offers unlimited scope as an outstanding investment opportunity in its present configuration, as work-from-home living space, or as a multi-zoned residential compound. Bordering East Melbourne and close to public transport, shopping centres and major hospitals, the building, including an apartment and courtyard, has been creatively fitted and imaginatively divided into three expansive commercial zones incorporating open-plan workplaces, smaller meeting rooms, directors' offices, studios, archive rooms and facilities. A huge double-storey garage/warehouse has second street access to Wrede Place. Filled with light, this unique property is currently partially leased however carries the potential of a rental income of $185,000 per annum when fully occupied.
Property History for 10 York St, Richmond, VIC 3121
- 19 Dec 2020Sold for $3,900,000
- 17 Nov 2020Listed for Sale EOI $4,000,000 - $4,400,000
- 02 Jul 2020Listed for Rent $25,000 / year
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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 22,711 properties. Over the last 5 years, Houses in Richmond have seen a 6.03% increase in median value, while Units have seen a 2.54% increase. As at 31 March 2026:
- The median value for Houses in Richmond is $1,487,516 while the median value for Units is $648,918.
- Houses have a median rent of $855 while Units have a median rent of $600.
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