FOR SALE
Sale Price Unavailable

123,125 & 127 Church Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 270m2
Land area: 411m2
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A Rare Triple Treat. Buy One, Two or Buy All Three.

Located in a highly sought after location Melbourne's best performing city fringe commercial locations - Church Street frontage.
Shop 123 & 125 Church Street
* Corner shops with multiple entrances
* Open plans with multiple living areas
* Ideals for multiple tenancies and income streams
* Ready to move in
Shop 127 Church Street
* Current tenant of 130 sqm for high end Skin Clinic and Beauty services
* First term: 1st December 2022 to 1st December 2025, then option 1 term of five (5) years
* Great exposures to passer-by and local traffic
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Property Details for 123,125 & 127 Church St, Richmond, VIC 3121

Building Type
Commercial
Floor Size
270m2
Land Size
411m2

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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 2011 was 23,814 people. By 2016 the population was 27,711 showing a population growth of 16.4% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 43.2% of the homes in Richmond were owner-occupied compared with 40.8% in 2016.

Richmond has 22,163 properties. Over the last 5 years, Houses in Richmond have seen a 13.68% increase in median value, while Units have seen a -0.18% decrease. As at 30 September 2024:

  • The median value for Houses in Richmond is $1,408,440 while the median value for Units is $611,438.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 64 properties listed for sale, and 60 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 915 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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Contact agent
Mitch (Hung) Nguyen
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Trin Le
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Professionals St.Albans
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.