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Mulcahy Butera - Melbourne

51 North Street Richmond, VIC 3121

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51 North Street,
Richmond, VIC 3121

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

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Map of 51 North Street

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A Richmond Delight

  • Freehold Title
  • Income 'til March 2024
  • Prime City Fringe Location
Mulcahy Butera is proud to announce its' appointment to market for sale 51 North Street, Richmond.

Located off Burnley Street and within a tightly held industrial precinct of Richmond, this rare offering is ideally suited to the astute Investor, future Owner Occupier or a long term development play.(stca)

Key Highlights:

- Building area - 353 sqm
- Land area - 391 sqm**
- Leased to Philippa's Bakery until 8 March 2024, in occupation since
2006
- $58,353.88 per annum + outgoings & GST
- Industrial 1 Zoning
- Excellent public transport & arterial links. Within walking distance to
Victoria Gardens Shopping Centre, Victoria Street, Bridge Road, Swan
Street and the Yarra River.

Invest now & occupy later or potentially negotiate a new lease with existing tenant

** approx

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

Mulcahy Butera - Melbourne

Level 1, 235-237 Faraday Street
CARLTON, VIC 3053
Mulcahy Butera - Melbourne
51 North Street
Richmond, VIC 3121