40 Appleton Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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40 Appleton Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 370m2
Land area: 485m2
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Property Details for 40 Appleton St, Richmond

Building Type
Commercial
Floor Size
370m2
Land Size
485m2
Local Government
Yarra
Lot/Plan
1/TP389540

Last Listing description (March 2023)

Nelson Alexander Commercial are delighted to offer For Sale via Public Auction this superbly located inner city warehouse. The standalone freehold is perfectly positioned in a quiet street just off Burnley St in hugely popular Richmond. Given how rare inner-city warehousing is and the strength of the industrial market at the moment this is a fantastic opportunity for the astute buyer. Whether you want to occupy, invest or further develop (STCA) this is an outstanding property not to be missed!

Property Features:

Zoned Industrial 1 (IND1)

Land Area 476m2 (approx.)
Building Area 420m2 (approx.)
Plus 147m2 (approx.) Mezzanine / Storage
Prime Inner-City Location
Standalone Freehold Opportunity
Lease Expires 17/04/23 (with no further options)
Suit Investors, Owner Occupiers & Developers (STCA)
Tightly Held Inner City Location
Excellent Long-Standing Tenant
Mix of Warehouse plus Office
Highly Sought-After Richmond Location
Fantastic opportunity not to be missed!

For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

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Property History for 40 Appleton St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,280,000
02 Mar 2023
Listed for Rent
$728/w
13 Feb 2019
  • 02 Mar 2023
    Sold for $2,280,000
  • 06 Feb 2023
    Listed for Sale Contact Agent
  • 29 Jan 2019
    Listed for Rent - Price not available
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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 22,717 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.
There are currently 73 properties listed for sale, and 50 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1023 properties were sold in the past 12 months in Richmond.

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© 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.

Disclaimer
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