86 Victoria Street,
Richmond, VIC 3121

Shops & Retail • Hotel, Motel & Leisure • Other

Key property information

Floor area

Property extent

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Leased on

Map of 86 Victoria Street

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BUSINESS OPPORTUNITY

Ready to operate, fully equipped and renovated restaurant and 3 bedroom dwelling with seperate entrance to dwelling.

Ground floor: Fully equipped and established restaurant with potential, seats approx 60-70 seats (currently has liquor licence.)

First Floor: Renovated apartment with open plan living room, dining and kitchen with 3 bedrooms, two bathrooms.

Building Area: 289sqm Approx.
No good will to be paid, reasonable rent at $2000 per week plus GST plus Outgoings for Restaurant and 1st Floor dwelling.

Outgoings estimated at:
Council Rates - $2,700pa plus GST
Water Rates - $1,617pa plus GST
Insurance - $2,400pa plus GST

Richmond, 3121 demographic data

The median household income for Richmond is $2,245, 18% higher than Greater Melbourne's household income of $1,901. Richmond has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 55% of property owners in Richmond have a mortgage.

28,587

Population

$2,245 per week

Median household income

34 years

Median age

Renters

Most residents

Families

Most households