294 Mary StreetRichmond VIC 3121
Property Details for 294 Mary St, Richmond
Last Listing description (June 2023)
JLL Melbourne has the exclusive privilege of offering for sale this high-profile corner, providing a prominent landholding in one of Melbourne's most vibrant and sought-after retail and lifestyle precincts Swan Street.
Key details of the opportunity include:
+ Prominent Swan Street retail frontage with additional frontages to Mary Street and Harvey Street
+ Flexible Commercial 1 Zone with favourable planning parameters and strong surrounding development height precedent
+ High quality existing improvements leased to quality tenants including Red Rooster and Back in Motion Physio (over 100 locations nationally)
+ Immense development potential in highly sought-after retail and lifestyle precinct, moments from the expansive Barkly Gardens and easy access to the MCG and Royal Botanic Gardens
+ Established commercial district, underpinned by several large corporates including new $460m Australia Post headquarters
+ Serviced by all forms of transport - East Richmond Train Station, Trams along Church and Swan Streets, several bicycle trails and Yarra River watercraft
+ A highly strategic site amalgamationjust 2.5km from the Melbourne CBD providing the ideal development, investment or land bank opportunity for a discerning purchaser
*Approx.
EOI NOW CLOSED
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Josh Rutman | 0411 27 37 46
Jesse Radisich | 0402 085 702
Nick Peden | 0402 011 266
MingXuan Li | 0498 688 998
Prominent triple-fronted corner of 1,313sqm
Unbeatable city-fringe location
Secure income from quality tenants
Property History for 294 Mary St, Richmond, VIC 3121
- 15 Feb 2023Listed for Sale Contact the JLL Development Site Services Agents
- 28 Mar 2003Transferred
- 09 Sep 1991Sold for $293,000
Recent sales nearby
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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 22,570 properties. Over the last 5 years, Houses in Richmond have seen a 7.15% increase in median value, while Units have seen a 7.35% increase. As at 30 November 2025:
- The median value for Houses in Richmond is $1,457,505 while the median value for Units is $650,028.
- Houses have a median rent of $750 while Units have a median rent of $600.
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