304 Victoria Street, Richmond, VIC 3121

Retail | Development/Land

For Sale Contact Agent

  • Property ID: 387992
  • Floor Area: 260m²
  • Land Area: 193m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Australia Post Investment

Morley is pleased to offer 304 Victoria Street, Richmond.
A large period-style building on an excellent size allotment of land with two street frontages.
Currently leased to Australia Post L.P.O.
A versatile property, perfect for the astute investor.

• Ground floor; Australia Post facility
• First floor; Large 3 bedroom residence
• Rental $60,435.85 per annum (01/09/2021) GST & outgoings
• 5 + 5 + 5 year lease
• Land 193 sqm approx.
• Building 260 sqm approx
• Zoned commercial 1
• Rear access via Eureka Street
• Prime city fringe location
• Huge growth and development potential

Please call Andrew Morley on 0418 319 443 to arrange an inspection today.

Richmond Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6847 $478 6.98%
Offices $8396 $562 6.69%
Industrial --- $332 ---
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 Sale

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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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