SOLD
Sold on 16 Nov 2023 for $5,390,000

43 Bridge Road
Richmond VIC 3121

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 511m2
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Property Details for 43 Bridge Rd, Richmond

Building Type
Commercial
Year Built
2011
Land Size
511m2
Local Government
Yarra
Lot/Plan
9/SP37002

Last Listing description (April 2019)

Huge 6.0 metre frontage at the City end of Bridge Road between Epworth Hospital and Punt Road. Tastefully refurshished premises with polished concrete flooring, includes showroom area and rear area for storage or back office and 1 secure car park. Suits retail, office, medical or consulting suite.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.

Property History for 43 Bridge Rd, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$5,390,000
16 Nov 2023
Listed for Rent
03 Apr 2019
  • 16 Nov 2023
    Sold for $5,390,000
  • 05 Nov 2018
    Listed for Rent - Price not available
  • 02 May 2018
    Listed for Rent $30,000 / year
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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 22,317 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.
There are currently 60 properties listed for sale, and 67 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 946 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.