275-283 Church Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

275-283 Church Street
Richmond VIC 3121

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Property Details for 275-283 Church St, Richmond

Building Type
Commercial
Local Government
Yarra
Lot/Plan
1/LP115379

Last Listing description (August 2019)

Prime Church Street Property - Refurbish or Redevelop (STCA)

Located on the doorstep of Melbourne s CBD, 275 - 283 Church Street is nestled in a prime position on arguably one of Melbourne s preeminent streets being Church Street. Richmond is a culmination of all-things-Melbourne and has experienced exponential growth due to a thriving commercial market and rapidly growing occupier desire to be located in the area.
Prime standalone three (3) level medical and office facility with a building area of 1,446 sqm* and 11 car parks on title
Substantial land area of 1,184 sqm* with phenomenal exposure and two (2) street frontages

Ideal floor's ranging from 404 sqm* to 546 sqm* and multiple entrances, the building offers unrivalled flexibility and value add opportunities for astute investors or owner occupiers alike
Potential to redevelop the site into a premium Richmond offering for residential, commercial or medical (STCA)
Merely 2.20 km* from Melbourne s CBD, this exclusive Richmond address is nestled between Bridge Road and Swan Street
Surrounded by a hive of activity including trendy fashion boutiques, cafes and restaurants as well as Melbourne s sporting mecca
Richmond boasts amazing accessibility with 2 train stations and 3 trams routes a short stroll from the property
The inner fringe commercial market is abuzz with demand and boasts a record low vacancy of 2.20%

The property is available for outright sale, sale & long-term leaseback / partial leaseback, or development partnership. The property is for sale via Expressions of Interest closing at 3:00 pm on Wednesday the 22nd of May (AEST). For further information or to organise an inspection, please contact Knight Frank directly.
Inspection Dates:
Tuesday, 7 May at 5PM
Thursday, 9 May at 5PM
Tuesday 14 May at 5PM

Property History for 275-283 Church St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$6,930,000
11 Nov 2024
  • 05 Apr 2019
    Listed for Sale Not Disclosed
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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 22,790 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.
There are currently 74 properties listed for sale, and 42 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1071 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.