55 Canterbury St, Richmond is a 3 bedroom, 2 bathroom House and was built in 1997. The property has a land size of 116m2 and floor size of 154m2. 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.
Superbly situated in one of Melbourne's premier lifestyle precincts with flexible Commercial 1 zoning, is this outstanding opportunity to secure a prominent freehold that combines both retail security and sophisticated fully renovated residential living with impressive city views.
The spacious dwelling showcases three light-filled bedrooms (one with ensuite), plus separate living and retreat areas with soaring ceilings and polished timber flooring. An open plan kitchen and dining dressed in industrial edge opens onto a magnificent alfresco terrace complete with dazzling views of Melbourne CBD. Retaining all the elegance of the era, decorative ceilings and original fireplaces combine period warmth with modern transformation, highlighted by split system heating/cooling, floor-to-ceiling tiled bathrooms, steel-framed windows, separate laundry plus rear off-street parking. Beyond the stunning Burnley Street period facade, the ground floor retail space is returning $30,000 pa (with flexible lease profile) providing an income stream, or owner occupation.
Perfectly positioned within a short stroll to plenty of city-bound train and tram options via Burnley Station and Swan Street, this enticing opportunity is nestled between both residential homes and well-established buildings and current tenancy fit outs in progress, further enhancing the appeal. Add to this, walking distance to popular shops and eateries, Burnley Park/Yarra River trails and Swan Street.
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 22,330 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:
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