SOLD
Sold on 05 Apr 2024 for $5,335,000

57 Stewart Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 438m2
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Property Details for 57 Stewart St, Richmond

Building Type
Commercial
Floor Size
400m2
Land Size
438m2
Local Government
Yarra
Lot/Plan
A/PS444383

Last Listing description (November 2023)

Colliers are pleased to offer 57 Stewart Street, Richmond for sale.
Key Highlights:

State of the art seven-level office permit with three unparalleled views
Existing two-level office building of 580m*
Expansive land parcel of 438m*
Favourable Mixed-Use zoning providing ultimate flexibility
Short-term holding income with potential for additional income via outdoor signage (STCA)
Approximately 19m* of street frontage facing Richmond Train Station
The perfect opportunity for a strata office project
Appealing to all buyer profiles
Positioned to offer direct access to CBD, retail amenity, parklands, public transport, and major arterials


For further information or to arrange an inspection, please contact the exclusive selling agents below:

Ben Baines 0438 328 407
Alex Browne 0418 350 545
Eddie Foulkes 0405 890 960

Colliers Asian Desk

James Zhuang 0473 866 666

*Approximate

Property History for 57 Stewart St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$5,335,000
05 Apr 2024
Listed for Rent
$1.82k/w
02 Nov 2007
  • 05 Apr 2024
    Sold for $5,335,000
  • 03 Oct 2023
    Listed for Sale Contact Agent
  • 15 Sep 2007
    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 22,317 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.