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4/197 Richmond Road
Richmond SA 5033

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 70m2
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Office opportunity

Available 1st March 2025
• Fantastic location on the Corner of Richmond Road and Brooker Terrace
• Layout consists of Reception/waiting area, 2 Spacious Offices, Kitchenette and Toilet
• Carpet throughout
• Reverse cycle air conditioner unit
• 4 On-Site car parks
All figures are approx.
RLA 205498

Property Details for 4/197 Richmond Rd, Richmond

Building Type
Commercial
Floor Size
70m2

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About Richmond 5033

The size of Richmond is approximately 1.4 square kilometres. It has 1 park covering nearly 1.2% of total area. The population of Richmond in 2011 was 3,071 people. By 2016 the population was 3,324 showing a population growth of 8.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 55.4% of the homes in Richmond were owner-occupied compared with 53.2% in 2016.

Richmond has 1,884 properties. Over the last 5 years, Houses in Richmond have seen a 77.63% increase in median value, while Units have seen a 56.62% increase. As at 30 September 2024:

  • The median value for Houses in Richmond is $912,353 while the median value for Units is $535,573.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 5 properties listed for sale, and 1 property listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Richmond.

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Michael Kourbelis
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Raine & Horne Commercial SA
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