218-220 Victoria StreetRichmond VIC 3121
Property Details for 218-220 Victoria St, Richmond
Last Listing description (June 2025)
Unparalleled 1981sqm Land. Potential 24m Or 7-8 Levels STCA
An exceptional opportunity to secure 1,981 sqm (approx.) of prime Richmond land on the iconic and bustling Victoria Street, surrounded by some of Melbourne's best shopping, dining, and specialty outlets. This rare offering presents unmatched potential in one of Melbourne's most vibrant and tightly held locations.
Renowned as one of Melbourne's most desirable suburbs, Richmond boasts an enviable blend of culture, convenience, and lifestyle. Victoria Street exemplifies this reputation as a dynamic hub of energy, offering world-class food, entertainment, and retail experiences.
Currently operating as a carpark, the site is virtually cleared, providing a seamless start for future developments. This substantial parcel of land offers endless possibilities, from luxury residential apartments to state-of-the-art offices or boutique retail spaces, all designed to capitalize on the vibrant Victoria Street atmosphere (STCA).
Key highlights include:
Commercial 1 Zoning, providing flexibility for various developments.
Just minutes to the Melbourne CBD and MCG via tram.
Close to North Richmond Station, the Yarra River, Victoria Gardens Shopping Centre, schools, and parks.
This is a truly unique chance to create a landmark project in a location celebrated for its energy, convenience, and enduring demand. Secure your place on one of Melbourne's most iconic streets today.
Terms: 10% deposit, balance 30/60/90 days
PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice
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Property History for 218-220 Victoria St, Richmond, VIC 3121
- 13 Feb 2025Sold for $2,500,000
- 12 Jan 2025Listed for Sale Price On Application
- 05 Jun 2020Listed for Sale MUST BE SOLD!
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 22,792 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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