FLOOR 1/255 Mary StreetRichmond VIC 3121
Property Details for Floor 1/255 Mary St, Richmond
Last Listing description (August 2023)
Fitzroys are delighted to offer 255 Mary Street, Richmond For Sale
Key attributes of the offering include:
- Three level freehold office building with external balcony offering panoramic CBD views
- Lettable area of 708sqm* plus 20 secure undercover carparks.
- Laneway access off Mary Street
- A plethora of residential development accompanied by major attractions like the MCG and Yarra Park make Richmond a desirable location to live, work and play.
- Attractive Commercial 1 Zone offering future development upside with a preferred maximum building height up to 28 metres (STPA)
- Located in the popular city fringe suburb of Richmond, approximately three (3) kilometres* east of the Melbourne CBD, the property is prominently positioned near the intersection of Swan & Mary Street.
- Richmond/Cremorne is one of the hottest city fringe office markets in Melbourne and has undergone significant transformation over recent years and is a sought-after commercial office location with major occupiers nearby including Seek, REA Group, Uber & Tesla
- Excellent transport options with trams to Swan and Church Street whilst the East Richmond and Burnley stations are also nearby together with multiple bike paths
- Popular eateries, retail offerings and the Swan Street prestige car sales precinct which includes notable brands such as Ferrari, Lamborghini, McLaren and Audi are all nearby providing excellent retail and showroom amenity to the precinct
*approx.
Property History for Floor 1/255 Mary St, Richmond, VIC 3121
- 03 May 2024Sold for $3,750,000
- 22 Jun 2023Listed for Sale Contact Agent
- 08 Jun 2021Listed 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.
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