195 Bridge RoadRichmond VIC 3121
Property Details for 195 Bridge Rd, Richmond
Last Listing description (May 2019)
There is a strong and growing trend that has changed the landscape of Richmond Hill.
Medical suites and associates uses were once confined to the Epworth Hospital This has now spilled over onto Bridge Road, creating an ever growing demand and ever increasing land appreciation. This is now a tight and exclusive precinct.
Sites in this precinct were once exclusively considered in terms of ground floor retail shops, with apartments above This has now been redefined, with ground floor retail shops with office and medical suites above.
The House on top of Richmond Hill i.e. 195 Bridge Road, is brilliantly located to take full advantage of this.
An existing, three storey building the bottom two floors are commercial use, while the top floor is a three bedroom residence. Development plans and a permit is already in place, whether you chose to use the existing permit, modify to a different use, start fresh or leave the building as is
is completely up to you.
Owner occupy... Land bank Invest Develop Whatever you choose, all options will take full advantage of this precincts prestigious land appreciation on offer.
For Sale by Negotiation.
For further information or to arrange an inspection, please contact our exclusive sales team.
Property History for 195 Bridge Rd, Richmond, VIC 3121
- 27 Feb 2019Listed for Sale Please Contact Agent
- 04 Jun 2014Listed for Rent $59,000 / year
- 06 Feb 2014Listed for Rent - Price not available
Recent sales nearby
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0About 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 22,565 properties. Over the last 5 years, Houses in Richmond have seen a 10.41% increase in median value, while Units have seen a 5.11% increase. As at 31 December 2025:
- The median value for Houses in Richmond is $1,507,396 while the median value for Units is $649,076.
- Houses have a median rent of $750 while Units have a median rent of $600.
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