55-57 Butler Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

55-57 Butler Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 295m2
Land area: 311m2
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Property Details for 55-57 Butler St, Richmond

Building Type
Commercial
Floor Size
295m2
Land Size
311m2
Local Government
Yarra
Lot/Plan
1/TP514960

Last Listing description (March 2023)

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*

- Onsite signage opportunity
- Excellent internal clearance height
- Rear access via RSD
- 4.2m* wide roller door access onto Butler St
- Bathroom facilities
- Close to Victoria st cafes & restaurants

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.

Property History for 55-57 Butler St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,980,000
18 Feb 2020
Listed for Rent
$747/w
24 Aug 2016
  • 18 Feb 2020
    Sold for $1,980,000
  • 14 Nov 2019
    Listed for Sale Contact Agent
  • 02 Dec 2016
    Sold for $1,857,777
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About Richmond 3121

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:

  • The median value for Houses in Richmond is $1,419,063 while the median value for Units is $640,066.
  • Houses have a median rent of $880 while Units have a median rent of $600.
There are currently 71 properties listed for sale, and 73 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 1051 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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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.