23 Wangaratta Street, Richmond, VIC 3121 sold on 11 October 2025 | OnTheHouse
SOLD
Sold on 11 Oct 2025 for $11,825,000

23 Wangaratta Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 550m2
Land area: 356m2
Save

Property Details for 23 Wangaratta St, Richmond

Building Type
Commercial
Year Built
2010
Floor Size
550m2
Land Size
356m2
Local Government
Yarra
Lot/Plan
1/TP591852

Last Listing description (February 2023)

Stonebridge Property Group & Teska Carson are pleased to present for sale, in-part or whole, 17-23 Wangaratta Street, Richmond.

The 1,145 sqm* mixed-use zoned landholding has the benefit of a northerly aspect and triple street frontage, making for a highly appealing development proposition for a range of commercial, residential or hotel outcomes (STPA).


Located in the heart of Richmond, only 200m* to Richmond Train Station, and moments to Swan Street retail precinct, the property truly has world class amenity at its doorstep.

The key highlights of the opportunity include:

- A significant north facing 1,145 sqm* landholding across 4 titles in prime Richmond location, for sale in part or whole

- Flexible mixed-use zone underpins a variety of uses in a proven residential and commercial development market

- Triple street frontage totalling 100m* to Wangaratta Street, Tanner Street and Botherambo Street
150m* to the Swan Street retail strip, offering an amazing array of retail amenity, plus a Coles supermarket

- Exceptional public transport access with Richmond Train only 200m*, as well as tram stops along Swan Street, which all provide direct Melbourne CBD (1.8 km*) and eastern suburb access

- Highly central location close to various attractions including the Melbourne Cricket Ground (750m*) and surrounding Yarra Park, and Royal Botanic Gardens (900m*)

- Existing improvements comprise a high quality 3-level residence plus 3 lettable office & warehouse freeholds

*Approximate



To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Julian White
0422 764 137

Chao Zhang
0411 625 068

Teska Carson:

Matthew Feld:
0415 803 348

Luke Bisset
0400 344 211

Property History for 23 Wangaratta St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$11,825,000
11 Oct 2025
Listed for Rent
$1.50k/w
28 Apr 2020
  • 11 Oct 2025
    Sold for $11,825,000
  • 20 Oct 2022
    Listed for Sale Contact Agent
  • 20 Apr 2020
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 22,567 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.
There are currently 57 properties listed for sale, and 40 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 986 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

Market Insights
Richmond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Richmond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.