173-177 Lennox StreetRichmond VIC 3121
Property Details for 173-177 Lennox St, Richmond
Last Listing description (October 2023)
CBRE Australian Healthcare and Social Infrastructure & CBRE Advisory and Transaction Service, Office Leasing are pleased to offer The Lennox Centre, Richmond. Directly opposite Epworth Private Hospital, Victoria's largest private hospital, a recently completed $350 Million re-development including the construction of a new fourteen (14) level building including five (5) levels of basement car parking. 173 Lennox Street provides a unique opportunity to an incoming occupier to secure space in this highly coveted healthcare precinct, on the edge of the Melbourne CBD, making for truly remarkable premises for a range of commercial businesses.
+ Building Undergoing Refurbishment - Calling out to all operators for fit out requirements.
+ Freestanding 4 level healthcare/office directly opposite Epworth Private Hospital
+ 2,265sqm over 4 levels + 296sqm outdoor rooftop terrace with uninterrupted views
+ 40 secure, on-site undercover basement car parks linked directly to building above
+ Use the existing fit-out and start immediately or upgrade to start fresh and create your own space
+ Insulated from any volatility through the strength of the Epworth precinct and approximately 20 major apartment projects within 200 metres currently under construction or close to competition
+ Significant investment by Epworth solidifies their confidence in the inner eastern area with expansion of the Richmond Hill Medical Precinct set to drive further foot traffic to this already established medical and office location
LOCATION
+ Well located within Melbourne's medical elites - directly opposite Epworth Private Hospital and within walking distance of St Vincent's Private Hospital
+ Benefit from high-value Bridge Road foot traffic and referrals via the Richmond Epworth Hospital being only a short walk away
+ Richmond's premier medical and office location with direct benefit from an influx of residential development, surrounding medical precinct, multitude of public transport options and direct access to Melbourne's world-renowned sporting precinct & CBD
+ Enjoy the luxury and splendour of working in one of Melbourne's most exclusive suburbs less than 3km from the Melbourne CBD. This vibrant hub forms part of an extremely well-established mixed-use precinct that includes premium medical centres, offices, specialists and clinics along with affluent retail, vibrant hospitality and high-quality residences and developments
+ Easy access to public transport Tram (100m* away) on Bridge Road and West Richmond Train Station (500m* away) a short walk away
+ Surrounded by parklands, close to public transport and excellent retails including Victoria Gardens Shopping Centre (2.2km*)
+ Located in the Richmond Hill precinct, arguably Richmond's finest pocket of real estate with multiple house sales topping the $5 million dollar mark. Significant premium over the rest of the Richmond surrounding area
FOR LEASE VIA EXPRESSIONS OF INTEREST
For further information, please contact the exclusive leasing agents:
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
Patrick Saccardo
+61 411 060 300
Josh Jennings
+61 412 110 463
Acting Under the Instruction from:
Advise Transact
approx*
Property History for 173-177 Lennox St, Richmond, VIC 3121
- 25 Oct 2023Listed for Rent - Price not available
- 17 Jun 2022Listed for Rent - Price not available
Recent sales nearby
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About Richmond 3121
The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the 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 22,793 properties. Over the last 5 years, Houses in Richmond have seen a -10.28% decrease in median value, while Units have seen a -0.25% decrease. As at 31 July 2026:
- The median value for Houses in Richmond is $1,386,330 while the median value for Units is $653,806.
- Houses have a median rent of $885 while Units have a median rent of $620.
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