23 Butler Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

23 Butler Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 158m2
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Property Details for 23 Butler St, Richmond

Building Type
Commercial
Land Size
158m2
Local Government
Yarra
Lot/Plan
1/TP956024

Last Listing description (May 2023)

Teska Carson is pleased to present 23 Butler Street, Richmond for lease.

This unrivalled commercial space boasts a brand new refurbishment that is unseen in the surrounding Richmond area. 23 Butler Street offers 280sqm over two levels that benefits from high ceilings, end of trip facilities and an abundance of natural light. The site also provides tenants with dual access to both Butler Street and Little Butler Street via two secure roller doors.

Situated within Melbournes hottest commercial hub, 23 Butler Street is surrounded by an abundance of popular cafes, bars and restaurants whilst also providing excellent access to both major roads such as Church Street, Victoria Street, Bridge Road, Punt Road, the M3 and the M1 as well as local public transport networks.

The quality of this Butler Street property is unrivalled within Richmond, and provides an offering that has only been seen in the Cremorne pocket. Do not miss out on the opportunity to benefit from a quality commercial space that lends itself to a magnitude of different tenants (STCA).

Key Features:

- Area: 280sqm
- Unrivalled quality
- Climate controlled
- On-site parking
- Commercial 2 Zoning (C2Z)

Please do not hesitate to contact us for further information or to arrange an inspection.

Property History for 23 Butler St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,750,000
16 Mar 2022
Listed for Rent
$100k/w
26 May 2023
  • 26 May 2023
    Listed for Rent - Price not available
  • 20 Sep 2022
    Listed for Rent - Price not available
  • 16 Mar 2022
    Sold for $2,750,000
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About 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 22,722 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:

  • The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
  • Houses have a median rent of $875 while Units have a median rent of $600.
There are currently 72 properties listed for sale, and 48 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1061 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.