45/47 Coppin Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

45/47 Coppin Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 510m2
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Property Details for 45/47 Coppin St, Richmond

Building Type
Commercial
Land Size
510m2
Local Government
Yarra

Last Listing description (November 2023)

Stonebridge Property Group is pleased to present Coppin House, 45 & 47 Coppin Street, Richmond.

Coppin House is a substantial freehold city fringe office/warehouse with strategic mixed-use (MUZ) zoning, meticulously designed internal fit-out, off-street car parking, and offered with favourable short-term holding income.

The property is bolstered by its central Richmond location underpinned by immediate access to two major retail strips Bridge Road & Swan Street.

The key highlights of the opportunity include:

- A significant 779 sqm* two-level modern office/warehouse bolstered by a 3.1 m* clearance roller door to Coppin Street

- Architecturally designed internal fit-out, completed to the highest possible standard. Polished concrete flooring, chic bathroom and kitchen amenities, multiple strategic light wells, and modern end-of-trip facilities. The property internally requires no further capital improvement

- Expansive 510 sqm* landholding supported by front, side, and rear access, a rare commodity in an inner-city suburb

- Zoned mixed-use (MUZ), allowing for future commercial, residential, or a clever combination of the two (STCA)

- 50 m* from Richmond's iconic Bridge Road retail and hospitality precinct. The immediate proximity to the strip underpins the activity and secures the future upside, leveraging primarily from the neighbouring hospitality businesses, notably Spread Eagle Hotel, LadyBoy Dining & Bar, Minamishima (three hats), and Mister Minh

- Coppin House suits owner-occupiers, investors, and developers, noting there is buyer favoured short-term holding income

- Join Richmond's dynamic mixed-use precinct, ideal for graphic designers, marketing agencies, architects, builders, developers, sound studios, family offices, engineers, plus more

- Immediate proximity to two major Train Stations (900 m*) East Richmond & Burnley plus access to Bridge Road (50 m*) & Church Street (100 m*) tram network

- 10 secure undercover car parks on-site, a rarity in this pocket of Richmond

For further information, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Shawn Luo
0412 338 918

*Approximately

Property Code: 758

Property History for 45/47 Coppin St, Richmond, VIC 3121

A timeline of how this property has performed in the market
  • 21 Nov 2023
    Listed for Sale Asking Price: $3,900,000
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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 22,564 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.
There are currently 58 properties listed for sale, and 44 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 984 properties were sold in the past 12 months in Richmond.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.