393 Bridge RoadRichmond VIC 3121
Property Details for 393 Bridge Rd, Richmond
Last Listing description (July 2021)
JLL Capital Markets has the exclusive privilege of offering for sale this unique inner-city development opportunity at 393 Bridge Road, Richmond.
Key details of the opportunity include:
A strategic corner landholding of 752sqm* with prominent main road exposure to Bridge Road, Coppin Street and rear laneway, combining 70 metres* of site frontage.
Favourable Commercial 1 Zoning allows for a vast range of end uses including residential, commercial office, retail, medical and more (STCA)
Multiple site entrance points provide efficient site access for future redevelopment
Short term income stream from longstanding tenant Thrifty, with no further lease options
Richmond is one of Melbourne's desirable residential locals underwritten by the precinct's limitless access to an extraordinary level of surrounding retail, lifestyle and public transport amenity.
Seamless connectivity to the Melbourne CBD for workers and student commuters via the recently upgraded Bridge Road tram network, with convenient access provided by an adjoining tram stop
Set to directly benefit from the nearby $220m 'Richmond Quarter' Build to Rent project that promises to deliver a bustling local community featuring a Coles Supermarket, commercial offices, and extensive retail amenity for local residents and workers
A vibrant commercial precinct located within close proximity to the MCG, AAMI Park, Royal Botanic Gardens and abundant caf and culinary options along Bridge Road
Well serviced by complementary services and facilities including the Epworth Hospital, Victoria Gardens Shopping Centre and Richmond Recreation Centre.
A unique inner-city opportunity to capitalise on surging demand in Richmond with limited competition from nearby development projects
Expressions of Interest now CLOSED
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
Mingxuan Li | 0498 688 998
Stuart Taylor | 0428 000 000
*Approx
Strategic Triple Fronted Landholding
Suits Residential, Office and Retail (STCA)
Limited Surrounding Development Activity
Property History for 393 Bridge Rd, Richmond, VIC 3121
- 17 Jul 2021Listed for Sale Contact Agent
- 15 Jul 2021Sold for $8,100,000
- 13 Feb 2014Listed for Sale Not Disclosed
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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