278 Victoria Street, Richmond, VIC 3121

Retail | Offices

For Lease $52,000 p.a.

  • Property ID: 431083
  • Floor Area: 203m²
  • Land Area: 129m²
CHIC, BRIGHT, FLEXIBLE: MOVE BUSINESS TO RICHMOND

POINT OF INTEREST:

Treat your clients to a setup fit-for-multi-purpose with this prime corner piece of Richmond real estate. A flexible 203 sqm* floorplan with even more flexible landlords, this double-storey building has been completely upgraded to cater to beauty practitioners, health clinicians, and everything self-care that blurs in between. The ground floor invites foot traffic into the 123 sqm* of retail space, but so does the 27 m* of corner frontage, while upstairs offers a 90 sqm* office or modest residence. Rear laneway access and storage make for a tidy setup, but outside the four walls is nothing but eclectic suburb vibrancy. Victoria Gardens is under a kilometre and so is Bridge Road, along with Church and Victoria Street trams sitting on your doorstep. Undoubtedly one of Melbourne’s best commercial opportunities and the landlords are in the mood to negotiate.

- 203 sqm* total corner building area
- 123 sqm* ground-floor retail area
- 90 sqm* first-floor office or residence
- 27 m* frontage to Victoria and Church Street
- Kitchenette and staff amenities
- Rear laneway access
- 800 m* to Victoria Gardens.

POINT OF VIEW:

Retail success is all about exposure, and you have that in spades at this brilliantly located premises on one of the area’s most prominent corners with a huge street frontage.

*Approx.

Additional Information
Features
  • Availability: Immediate
  • Car Spaces: n/a
  • Condition: good
  • Air Conditioning: tba
  • Floors: concrete/floor boards
  • Lifts: n/a
  • Height: varies
  • Age: tba
  • Car Parking Fees: surrounding
Outgoings
  • Water Rates: $1,200+GST p.a.approx.
  • Land Tax: n/a
  • Council Rates: $3,120+GST p.a.approx.
  • Other Charges: Public Liability $450+GST pa approx.
Richmond Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $8401 $422 5.02%
Offices $7934 $595 7.50%
Retail $9154 $375 4.10%
This is the average advertised price, rent and yield for Richmond, VIC 3121*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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