364 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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364 Bridge Road
Richmond VIC 3121

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Bathrooms: -
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Land area: 146m2
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Property Details for 364 Bridge Rd, Richmond

Building Type
Commercial
Land Size
146m2
Local Government
Yarra
Lot/Plan
4/LP41409

Last Listing description (June 2018)

At times, we come across something unexpected... a hidden secret.
Tucked away in between the existing shops and dwellings - there's a shop on Bridge Road that stands out from the rest... but you wouldn't know it at first glance.
Owner occupied for over 40 years, the ground floor has been used as a medical practice, while the first floor underwent an intensive extension and renovation, adding an immaculate dwelling at the rear of the shop and over the entire first floor. Built by the owner, for the owner, this dwelling was designed as a second home - it wasn't built simply for a return.

Capitalise on this shop's supreme location - arguably the best part of Bridge Road, and Richmond's ever growing gentrification.
In your immediate surrounds, there's a who s who of Melbourne's leading lifestyle & food operators. Your neighbours are destination national & multinational tenants, surrounded by brand new, mixed use developments All supported by an ever growing demand for more & more commercial tenancies & residential apartments.
Owner occupy, invest, land bank, develop... There's no wrong answer here!!
Medical practitioner? The highly successful business can be included in the sale, allowing you to take advantage of over 40 years trading history in this single location.
This isn't your normal property - this is Bridge Road's hidden secret!
A property that needs to be inspected to be appreciated.
364 Bridge Road is an immaculate shop and two storey, fully fitted dwelling.
Offered sale with vacant possession, via Expressions of Interest closing 25 April 2.00pm.
For further information please contact our sales team and register your interest.

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Property History for 364 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$37,848
23 Jul 1975
  • 22 Dec 2017
    Listed for Sale $2,200,000
  • 23 Jul 1975
    Sold for $37,848
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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 22,565 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.
There are currently 53 properties listed for sale, and 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 992 properties were sold in the past 12 months in Richmond.

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