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Steveway Real Estate - Richmond

360 Victoria Street Richmond, VIC 3121

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360 Victoria Street,
Richmond, VIC 3121

Shops & Retail • Offices • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Property extent

Zoning

Municipality

Tenure type

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Steveway Real Estate - Richmond
Steven Pantelios
Andrew Kolovos

Steveway Real Estate - Richmond

235A Church Street
RICHMOND, VIC 3121
Steveway Real Estate - Richmond
360 Victoria Street
Richmond, VIC 3121

Map of 360 Victoria Street

Directions

Exceptional Investment Opportunity

Building Area: 120 sqm (approx)
Land Area: 150 sqm (approx)

Located in the heart of Richmond (Victoria Gardens End), this prime property offers a fantastic opportunity for investors or future owner-occupiers.

Key Features:

Ground floor shop
1st floor dwelling with separate access
Excellent Rear access via Wells Street for added convenience
Secure lease in place providing consistent rental income
Ideal investment with the potential for future owner occupancy

Lease Details:
Term: 7 Years (Commencing 17/07/2019)
Rent: $45,210.66 per annum (as at 17/07/2025)
Increases: 3% yearly
Further Term: 4-Year option

Outgoings paid by tenant estimated at:
Council Rates: $2,660 per annum
Water Rates: $1,250 per annum

Take advantage of this fantastic opportunity to secure a well-located property with a reliable tenant and strong rental return. With an increasing rent schedule and a further term option, this property is a sound long-term investment or Lease as two separate tenancies.

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

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