Cushman and Wakefield is pleased to offer, by way of Private Sale this Industrial Warehouse located at 55-57 Butler Street, Richmond. A rare opportunity to secure your piece of the tightly held Richmond industrial precinct. 55 57 Butler Street is of a classic brick style construction and boasts the following features:
- Land Area: 311 sqm*
- GLA: 295 sqm*
Suitable for owner occupiers, investors and developers.
The property is located within the North Richmond industrial/commercial area, situated on the northern side of Butler Street, which is accessible via both Shelley Street & Lennox Street. Well located only 300m from North Richmond train station and only 2 radial kilometres east of Melbourne CBD.
*Approximately
Call your exclusive agents, Cushman & Wakefield for more information or to arrange an inspection.
The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the 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 22,680 properties. Over the last 5 years, Houses in Richmond have seen a -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:
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