SOLD
Sold on 05 Apr 2024 for $1,925,000

86 Victoria Street
Richmond VIC 3121

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 350m2
Land area: 156m2
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Property Details for 86 Victoria St, Richmond

Building Type
Commercial
Floor Size
350m2
Land Size
156m2
Local Government
Yarra
Lot/Plan
2/PS517309

Last Listing description (October 2023)

Are you looking to establish a retail business or expand your restaurant business in the heart of Richmond? We have the perfect opportunity for you! We are excited to present a fantastic 130sqm retail or restaurant space available for lease at 86 Victoria Street, Richmond.

Situated in a bustling and vibrant area, this retail or restaurant space enjoys a highly sought-after address and location. Known for its diverse culinary scene and thriving community, offering an exceptional opportunity for retailers or restaurateurs to flourish.


- Spacious modern interior spanning 130 square meters.
- High foot traffic area, attracting both locals and tourists.
- Well-maintained premises with a modern and inviting ambiance.
- Retail fully equipped kitchen ready for immediate use or defit to open plan retail space.
- Ample seating capacity to accommodate large groups.

This prime location offers an array of amenities that make it an ideal destination for diners. With a wide selection of trendy cafes, popular restaurants, boutique shops, and entertainment venues nearby, your restaurant or retail space will be at the heart of the action.

The space benefits from excellent connectivity to public transportation, making it easily accessible for both customers and staff. Multiple bus/tram stops and the North Richmond train station are within walking distance, ensuring convenience for everyone.

Reasonable rental and terms.

Outgoings estimated at:
Council Rates: $3,500 per annum plus GST
Water Rates: $1,100 per annum plus GST
Building Insurance: $6,000 per annum plus GST
Fire Equipment Services & AESMR: $550 per annum plus GST

Property History for 86 Victoria St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$1,925,000
05 Apr 2024
Listed for Rent
$580/w
14 Nov 2023
  • 05 Apr 2024
    Sold for $1,925,000
  • 06 Jun 2023
    Listed for Rent - Price not available
  • 27 Jun 2018
    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 22,296 properties.

    There are currently 59 properties listed for sale, and 74 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 925 properties were sold in the past 12 months in Richmond.

    Suburb Insights for Richmond 3121

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    Biggin & Scott - Richmond
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    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.