394 Bridge RoadRichmond VIC 3121
Property Details for 394 Bridge Rd, Richmond
Last Listing description (May 2019)
396 Bridge Road is located on the southern side of Bridge Road between Burnley Street and Coppin Street and is approximately 3km from the CBD within the municipality of City of Yarra. Bridge Road is a major arterial road well serviced by public transport and is within walking distance of most Melbourne's sporting and entertainment precinct and within an area undergoing a major high-density development.
The property is extremely well located within close proximity of renowned restaurants such as Lady Boy, No 18 Ramen, Richmond and Mayday Coffee.
With the rapid emergence of apartments and mixed-use developments on and around Bridge Road, this precinct is undergoing a massive shift from traditional small retail clothing boutiques towards service based and lifestyle businesses such as restaurants and cafes to service the growing number of residents. GormanKelly is pleased to offer a freehold double story Victorian Terrace 100% occupied with new lease in the heart of inner city Richmond
Standalone double storey building of 267m2 with ground floor retail area of 195m2 plus first floor office of 72m2
New vibrant restaurant/bar Humulus opening soon
Significant land holding of 325m2 approx with rear street access
Commercial 1 Zoning
New 4 year lease commencing June 2018 plus a further option of 4 years
Annual rental increases of 4%
3 months rent bank guarantee and personal guarantees
Wide retail frontage with dual entrances
Huge rear yard capable of accommodating 4 to 6 cars
Returning $100,000 pa net plus GST
Outgoings paid by the tenant
Positioned amongst some of Richmond's best restaurants and cafes
Great location close to all Richmond s attractions, public transport at doorstep
Property History for 394 Bridge Rd, Richmond, VIC 3121
- 25 Jan 2018Listed for Sale Not Disclosed
- 03 Jul 2017Listed for Sale Not Disclosed
- 30 Jan 2014Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/bmsh43aeuqi6vkeplhlcilhrgy?signature=1af114c2b577c29a5899f5b6549a3ee095b7776852fb3d271783f3705b1382b3){kind=logo}
0/assets/perm/7wcdzxp5kui6taxq7uzkoertwy?signature=0dfbd738265d27c8599d90a21cdf6413b80b77e1de2d2bbb04aa23ffcd81d67d){kind=logo}
0/assets/perm/uzaziqyotyi6zgwhxnheajqgbq?signature=596f375aac85ae41e2c61f29e895a37175fcb0cd4a23a28099347af944f683c6){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 22,712 properties. Over the last 5 years, Houses in Richmond have seen a 6.03% increase in median value, while Units have seen a 2.54% increase. As at 31 March 2026:
- The median value for Houses in Richmond is $1,487,516 while the median value for Units is $648,918.
- Houses have a median rent of $855 while Units have a median rent of $600.
Suburb Insights for Richmond 3121
Market Insights
Richmond Trends for Houses
N/A
N/A
View TrendN/A
N/A
Richmond Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
