SOLD
Sold on 16 Apr 2024 for $1,375,000

51 Butler Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: -
Car spaces: 1
Floor area: 180m2
Land area: 78m2
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Property Details for 51 Butler St, Richmond

51 Butler St, Richmond is a 3 bedroom, 0 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 78m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Richmond in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
180m2
Land Size
78m2
Local Government
Yarra
Lot/Plan
1B/PS519771

Last Listing description (October 2023)

Teska Carson is pleased to present 51 Butler Street, Richmond for sale via private treaty.

Situated over three-levels, this recently refurbished freehold offers purchasers a great opportunity to either invest or occupy in one of Melbournes most prominent city fringe locations. Benefitting from an abundance of natural light, end of trip facilities and a range of open-plan work areas, meeting rooms and private offices that would suit a variety of different uses (STCA).

Richmond is known as one of Melbournes most prominent commercial destinations due to its great surrounding lifestyle and entertainment amenity such as popular restaurants, cafs, bars and sporting grounds.

Whilst also being a stone's throw away from public transport networks such as North Richmond Station, local tram networks and major arterial routes such as Punt Road, M1 freeway and CityLink.

Key Features:

- Floor area: 210m2
- 1 on-site car space
- New refurbishment
- Offered with Vacant Possession
- Commercial 2 Zoning

Outstanding opportunities located in popular city fringe locations like this continue to experience great year-on-year growth as seen through the number of national and international tenants that call Richmond home such as REA Group, Dentsu, Seek, Uber, Disney, MYOB, Reece, Car Sales and many more.

Please do not hesitate to contact us for further information or to arrange an inspection.

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Property History for 51 Butler St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,375,000
16 Apr 2024
Listed for Rent
$450/w
21 Jun 2023
  • 16 Apr 2024
    Sold for $1,375,000
  • 14 Jul 2023
    Listed for Sale $1,500,000
  • 28 Nov 2022
    Listed for Rent - Price not available
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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 22,219 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 73 properties listed for sale, and 66 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Richmond.

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