SOLD
Sold on 19 Mar 2024 for $287,100

1/8 New Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 452m2
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Property Details for 1/8 New St, Richmond

Building Type
Commercial
Year Built
2019
Land Size
452m2
Local Government
Yarra
Lot/Plan
1/PS726105

Last Listing description (June 2023)

To enquire, please email or call 1300 815 051 and enter code 8164

Multiple of options for this space just minutes from Bridge and Swan street, 15min walk to CBD via Fitzroy Gardens. Designed by Clarke Hopkins Clarke, This clever use space has an array of options for whatever you select to do. 3 min walk to train station. Its a shell from a recently completed development with an Industrial feel, exposed ceiling, exposed concrete (needs to be polished and sealed) internal area of 49*(approx) with the additional area of the courtyard on title. Has numerous options with a permit in place for Cafe, but could also be an architects office, various studios, office space, and little showroom. Call/email an inspection today


To enquire, please email or call 1300 815 051 and enter code 8164

Property History for 1/8 New St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$287,100
19 Mar 2024
  • 19 Mar 2024
    Sold for $287,100
  • 16 May 2023
    Listed for Sale $299,000

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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 22,205 properties. Over the last 5 years, Houses in Richmond have seen a 3.86% increase in median value, while Units have seen a 0.62% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $1,391,709 while the median value for Units is $612,696.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 65 properties listed for sale, and 63 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 908 properties were sold in the past 12 months in Richmond.

Suburb Insights for Richmond 3121

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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.