FOR SALE
This prominent two-storey building is located in the heart of the thriving Swan Street hospitality and retail strip, and is only metres from the intersection of Church and Swan Street.
It affords the perfect opportunity to secure an investment, owner occupier after 2027 or potentially develop in this much sought-after and vibrant inner-city location.
Property Features Include:
- Floor Area: 160 sqm (approx.)
- Land Area: 142 sqm (approx.)
- Two Storey refurbished with long-standing Tenant
- Lease: 3 years (ending: June 2024) with 3 year option (ending June 2027)
- Income: $49,440.00 per annum +GST + Outgoings
- Prime location
Contact:
Andrew Manos - 0425 721 222
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 22,564 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:
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