40 River Boulevard, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
OFF MARKET

40 River Boulevard
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3542m2
Land area: 5851m2
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Property Details for 40 River Bvd, Richmond

Building Type
Commercial
Floor Size
3542m2
Land Size
5851m2
Local Government
Yarra
Lot/Plan
8C/PS608608

Last Listing description (April 2023)

40 River Boulevard is a highly specified, state of the art, metro office building that has never previously been offered to the market.

A stunning near new four (4) level office building with associated secure undercover parking, visitor parking and generous storage, including substantial loading bay facility.


Level 2 provides an incoming tenant newly refurbished office accommodation with central core and natural light on all sides.

Located in a vibrant and well serviced area in close proximity to the Melbourne CBD. The adjacent Victoria Gardens Shopping Centre offers excellent amenity to all businesses including various retail shops, restaurants, bars, function facilities, cinemas and a gymnasium.

Great aspects to the Yarra River, Yarra Bike Paths and fantastic access to the Eastern Suburbs. The property also boasts excellent access to Eastern and Monash Freeways and various public transport hubs.
4 Star NABERS Energy Rating

Call Josh or Matt now to arrange an inspection.

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Property History for 40 River Bvd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Listed for Rent
$7/w
19 Apr 2023
  • 08 Aug 2019
    Listed for Rent - Price not available
  • 16 Oct 2018
    Listed for Rent - Price not available
  • 17 Jul 2018
    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 22,569 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.
There are currently 42 properties listed for sale, and 41 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 975 properties were sold in the past 12 months in Richmond.

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© Copyright 2025. 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.

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