5 Prince Patrick Street, Richmond, VIC 3121

Offices

Sold

  • Property ID: 434569
  • Floor Area: 300m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 29/08/2023 300m2 N/A Contact Agent
Stand Alone Richmond Office

Morley is pleased to offer 5 Prince Patrick Street, Richmond for sale by Auction, Thursday 24th August at 1pm on site.

Two level office in Melbourne's most sought after commercial and designer showroom precinct

Building Area: 300sqm approx
Extensive undercover car parking
Land Area: 228sqm approx
Includes partitioned & open plan spaces, multiple kitchenettes, bathrooms and shower facilities
Ideal for owner occupiers, investors and developers
Vacant possession
Located metres to Church Street's cafes, restaurants and public transport options
Only a short walk to Swan Street and South Yarra's retail & hospitality precinct

Richmond Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $8401 $422 5.02%
Retail $9154 $375 4.10%
Offices $7934 $595 7.50%
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 Offices 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.
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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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