8/45 Vere Street, Richmond, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

8/45 Vere Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 8/45 Vere St, Richmond

Building Type
Commercial
Local Government
Yarra
Lot/Plan
8/PS831679

Last Listing description (January 2024)

LIGHT FILLED AND FITTED - A BRILLIANT TURNKEY OPPORTUNITY

POINT OF INTEREST:
Sitting at the very centre of Richmond's newest boutique office development, Building 8 at 45 Vere Street is a wonderful example of modern office convenience combined with the rich industrial heritage that Richmond is known for. Featuring 146sqm* of office space across three levels, including dedicated boardroom facilities, open plan work areas, informal meeting areas and outdoor space courtesy of a north-facing balcony. Conveniently located just minutes from West Richmond train station, Bridge Road, Church Street and Victoria Street trams, and a plethora of retail amenity and lifestyle along Bridge Road. For the more active occupiers, Citizens Park, the Richmond Recreation Centre and Main Yarra Trail are just a short stroll away.

- 146sqm* light-filled boutique office
- Two (2) car spaces on title.
- Internal fit-out consisting of board room, open plan work spaces, furniture, kitchen and staff amenities
- North-facing balcony
-Additional car parking available in nearby Richmond Traders
- 200m* to Church Street trams
- 500m* to West Richmond train station
- Walking distance to Bridge Road retail and lifestyle amenity including Richmond Traders
- High tech work display screen.

POINT OF VIEW:
A perfect blend of functionality and accessibility, with a good serving of character - just what you'd expect of an office in Richmond!

*Approx.
Pricing excludes GST

Property History for 8/45 Vere St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,232,000
18 Apr 2021
  • 06 Jul 2023
    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 22,564 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 60 properties listed for sale, and 45 properties listed for rent in Richmond on OnTheHouse. According to Cotality's data, 984 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.