359 Bridge RoadRichmond VIC 3121
Property Details for 359 Bridge Rd, Richmond
Last Listing description (May 2019)
The days of the Retail Shopping Strip are gone Welcome to the rise and reign of the Food & Lifestyle Precinct!!
Bridge Road's Food & Lifestyle Precinct now reigns supreme!! Wherever you look, you ll see destination national & multinational tenants, surrounded by brand new, mixed use developments supported by an ever increasing demand for more & more commercial and residential uses.
Not only has this strip been supported by private developers, producing landmark developments eg. Riverlee s Jaques Richmond with an estimated build cost of $290m But so has the State Government with the $43m development of a state of the art, brand new Richmond High School. Both of these development highlight the strength and future growth of this precinct
Richmond Plaza Development (Coles) In planning
Richmond Place Development (Citiplan) Complete
Dux Richmond Hill Development (Little Projects) Complete
Richmond Hill Development (Poly) In planning
Lanbruk Development (Citiplan) In construction
Bridge Road Office Development Currently marketed for lease
Claudia Development In construction
Whether you re considering retail, office, showroom or residential use there s a strong demand for each.
Land bank develop owner occupy or invest There s no wrong answer here!!
359 Bridge Road Richmond is a brilliant Bridge Road shop, located near the corner of Grifiths Street, which leads to both Jaques Richmond & Richmond High School arguably, the best location on Bridge Road. National & multinational tenants are your neighbours, in highly renovated stand out properties.
Sold with Vacant Possession.
For Sale by Negotiation.
For all property enquiries or to arrange an inspection please contact our exclusive sales team.
Property History for 359 Bridge Rd, Richmond, VIC 3121
- 08 Oct 2019Sold for $1,010,000
- 16 Apr 2019Listed for Sale Please Contact Agent
- 11 Sep 2018Listed for Rent $29,000 / year
Recent sales nearby
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0About 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 22,565 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.
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