A rare and exciting opportunity to secure a well-positioned 193m² (approx.) parcel of land in the heart of Richmond, perfect for a boutique development, investment or custom build (STCA).
This tightly held pocket offers strong potential for growth and lifestyle appeal, with unbeatable proximity to Bridge Road, Victoria Gardens, Swan Street, and just minutes to Melbourne's CBD.
Key Features:
Land size: 193m² approx.
Flexible zoning – potential for residential or commercial use (STCA)
Ideal rectangular block with excellent street presence
Surrounded by thriving amenities, shopping, dining, and entertainment
Walking distance to trams, trains and parklands
One of the last remaining vacant sites in a premium lifestyle location
Opportunities like this in Richmond are incredibly rare. Whether you're an investor, developer or someone looking to build your dream inner-city project-this is a blank canvas with endless upside.
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 22,570 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:
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