281 Swan Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

281 Swan Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 314m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 281 Swan St, Richmond

Building Type
Commercial
Floor Size
230m2
Land Size
314m2
Local Government
Yarra
Lot/Plan
1/TP547804

Last Listing description (June 2023)

To enquire, please email or call 1300 815 051 and enter code 0196

- Prime Swan Street Address

- Pre-Approved Leisure and Recreation Space
- Turnkey Space in the Heart of Richmond

7 Year Lease available
$55k ONO upfront upon lease transfer and then $62,500 annual lease

Includes Planning Permit approved for Leisure and Recreation use

Property Features
- Main Room 20 x 10 meters
- Reception area 6 x 10 meters
- Storage rooms 2.4 m x 4 meters
- Second Storage room 2 x 2.5 meters
- Sound proofing
- 20 meter x 10 meter sprung wood floor
- Kitchenette
- Separate Mens and Womens toilets
- Ample Free on street parking
- Access to rear laneway via rear exit
- 4 commercial grade near new Split System Heating and Cooling
- 20 meters of mirrored wall on one wall of studio
- 3 large west facing windows which create a beautifully sun lit space in the afternoon
- Tram stop right in front of the building
- Burnley Train Station and East Richmond Train Station within 5 minute walk and Richmond Station within 10 minute walk or short tram ride

There will be an initial $55K payment for the transfer of this lease. This factors in some of the time and money that has been spent to obtain a Planning Permit for Leisure and Recreation for this property and also takes into consideration that the lease price for this property is below market.
The $55K also includes the following fit out:
- Sound proofing
- 20 meter x 10 meter sprung wood floor
- 20 meters of mirrored wall on one wall of the main space
- Almost brand new, very high quality sound system suspended from ceiling and strategically chosen, placed and configured by sound engineer
- Lighting: Energy efficient LED fluorescents as well as festoons, fairy lights, party lights
- Reception area fit out
- Kitchenette fit out etc



To enquire, please email or call 1300 815 051 and enter code 0196

Property History for 281 Swan St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$700,000
22 Nov 2000
Listed for Rent
$63k/w
22 Jun 2023
  • 07 Feb 2023
    Listed for Rent $62,500 / year
  • 02 Oct 2019
    Listed for Rent $25,000 / year
  • 10 Jul 2019
    Listed for Rent - Price not available
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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 22,564 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 53 properties listed for sale, and 40 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 990 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.