396 Bridge RoadRichmond VIC 3121
Property Details for 396 Bridge Rd, Richmond
Last Listing description (February 2018)
BEST ON BRIDGE
Gorman Kelly is pleased to present a rare and substantial double storey Restaurant positioned within the heart of inner city Richmond.
Richmond has been the subject of gentrification since the early 1990s and now contains an eclectic mix of expensively converted warehouse residences, Victorian-era workers cottages and commercial terraces and dwellings. The suburb is located 3 km from Melbourne CBD and well known for its vibrant and popular eateries and restaurants as well as its night life. Public transport is aplenty with various options from the tram at the door step to train stations only a short walk away. Bridge Road is also well known for its shopping from fashion boutiques, cafes to electrical and homeware stores.
The premises comprises of the following:
Building area 267m2 approx (200m2 ground floor/70m2 first floor)
Large concrete rear yard with wash area, storage sheds and car parking
Previous restaurant use with existing kitchen, exhaust, grease trap, gas
connection and dishwasher area.
First floor function room/office
Separate door for take away sales from Bridge Road.
Located amongst re-known restaurants such as Ladyboy, Nashoku
Lovers, No. 18 Ramen, Mayday Coffee etc.
Property History for 396 Bridge Rd, Richmond, VIC 3121
- 25 Jan 2018Listed for Rent - Price not available
- 11 Nov 2017Listed for Sale Not Disclosed
- 08 Jul 2017Listed 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 22,570 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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