SOLD
Sold on 17 Jan 2024 for $1,075,000

6/1-7 Amsterdam Street
Richmond VIC 3121

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 71m2
Sold By
Kay & Burton Stonnington
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Property Details for 6/1-7 Amsterdam St, Richmond

6/1-7 Amsterdam St, Richmond is a 2 bedroom, 1 bathroom Townhouse and was built in 1930. The property has a land size of 71m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Townhouse sold in Richmond in the last 12 months.

Building Type
Townhouse
Year Built
1930
Floor Size
83m2
Land Size
71m2
Local Government
Yarra
Lot/Plan
6/PS414058

Last Listing description (March 2024)

Conveniently located in the heart of Richmond's cosmopolitan Church Street commercial precinct, this contemporary two-storey, warehouse-style abode offers a multitude of opportunities for a savvy buyer.

Currently arranged as a spacious inner-city office, the ground floor comprises a generous, move-in ready work space with polished concrete floors and under-stair storage. Upstairs, the first floor offers the flexibility of more space for a business with two large rooms benefitting from a well-appointed kitchen with stainless steel appliances and a bathroom with shower.
Alternatively, why not embrace the versatility of this unique offering with 105sqm (approx.) of internal space and create the ultimate live/work scenario by living 'above the shop' in the comfortable, sunny apartment which unfolds to a full-width northerly terrace with built-in bench seating.

Other options include reworking the floorplan and reinstating the property's original downstairs bedroom, bathroom and garage and/or even extending upwards (STCA) to create a cutting-edge inner-city sanctuary that suits today's work from home sensibility.

With the added benefit of a remote controlled roller door, security alarm system and split system air conditioning, this enticing prospect is situated in a fabulously convenient position, moments from Church Street cafes, Chapel street shops and restaurants, Barkly Gardens, Yarra River bike and walking trails, city trams, East Richmond station and easy CityLink access.

Property History for 6/1-7 Amsterdam St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,075,000
17 Jan 2024
Listed for Rent
$9/w
02 Apr 2019
  • 17 Jan 2024
    Sold for $1,075,000
  • 17 Nov 2023
    Listed for Sale SOLD: Undisclosed
  • 21 Jan 2019
    Listed for Rent $25,185 / 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 22,330 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:

  • 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 69 properties listed for sale, and 72 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 954 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.