516 Bridge Road, Richmond, VIC 3121 | Property Value & History | OnTheHouse
 
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516 Bridge Road
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 171m2
Land area: 520m2
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Property Details for 516 Bridge Rd, Richmond

Building Type
Commercial
Floor Size
171m2
Land Size
520m2
Local Government
Yarra
Lot/Plan
1/PS542626

Last Listing description (February 2022)

Large open plan space for office / studio use.

This space includes high ceilings with vaulted windows and exposed warehouse style trusses adding unique and interesting architectural detail.

The first floor is available for immediate occupancy and features a floor area of 574 sqm.

A light and airy office space also includes an internal sun garden.

Extras include:
-Fully air-conditioned with exposed ductwork
-Four sets of bathrooms
-Two separate entrances from Bridge Road and rear access
-Forms part of iconic Richmond silos building
-Economical rental rate

Car Parking: Up to 15 car spaces available at $185.00 plus GST per space per calendar month

For further information please contact Richard Munday today!

Located on Bridge Road this property offers excellent exposure to traffic entering and exiting the busy Richmond business and shopping precinct. This brand new suite is located near the intersection of Bridge Road and Burnley Street with major tram lines on the front door or Burnley train station only 10 minute walk away. The location is well serviced by IGA supermarket in the same complex, Dan Murphy's across the street and variety of cafes and retail shops offered by Bridge Road.

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Property History for 516 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$5,150,000
25 Sep 2007
Listed for Rent
$2.20k/w
17 Feb 2022
  • 22 Dec 2020
    Listed for Rent - Price not available
  • 29 Apr 2019
    Listed for Rent - Price not available
  • 20 Feb 2019
    Listed for Sale Contact Agent
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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 22,565 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 53 properties listed for sale, and 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 991 properties were sold in the past 12 months in Richmond.

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