370 Burnley StreetRichmond VIC 3121
Property Details for 370 Burnley St, Richmond
Last Listing description (October 2023)
Nelson Alexander Commercial are delighted to offer this perfectly positioned retail opportunity in prime Burnley St, Richmond. Located near Swan Street and consisting of ground floor retail, this property is an excellent opportunity that will suit a multitude of businesses (STCA).
Property features outlined below:
- Zoned Commercial 1
- Close Proximity to Public Transport
- Excellent condition
- Suit boutique retail/hospitality/studio and a variety of other uses (STCA)
For all property enquiries or to arrange an inspection, please contact exclusive leasing agents Nelson Alexander Commercial on 9419 5511.
Property History for 370 Burnley St, Richmond, VIC 3121
- 20 Apr 2024Sold for $1,655,000
- 19 Aug 2022Listed for Rent - Price not available
- 21 Dec 2016Listed for Rent - Price not available
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0About 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 22,317 properties. Over the last 5 years, Houses in Richmond have seen a 19.38% increase in median value, while Units have seen a 4.09% increase. As at 31 August 2024:
- The median value for Houses in Richmond is $1,450,223 while the median value for Units is $622,221.
- Houses have a median rent of $760 while Units have a median rent of $575.
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