For Sale

43-67 River Street, Richmond

43-67 River Street, Richmond VIC 3121

Apartment

Type

187

Residences

early 2027

Est. Completion Date

Last updated on Wednesday, July 01, 2026

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AI Property Insight

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A versatile apartment in Richmond offering a prime location amidst ongoing urban renewal and development opportunities.

🏡 Property Highlights

Last Commercial 1-zoned site in this vibrant city pocket
Long-standing history with NHP electrical engineering products manufacturer
Prime location in Richmond with ongoing residential development
Unique opportunity for redevelopment or investment
Strategic position within a dynamic urban area
Potential for versatile property use

✨ Key Features

Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Built-in Robes
Home Office / Study
Air Conditioning
Ensuite
Ceiling Fans
Internal Laundry

Suburb and Property Insights of Richmond, VIC 3121

Richmond is a vibrant inner-city suburb renowned for its dynamic lifestyle, excellent transport links, diverse dining options, and proximity to Melbourne’s CBD. It offers a mix of historic charm and modern development, making it ideal for investors and residents alike. The area is experiencing significant urban renewal, with new residential projects transforming the skyline. Local parks, cultural venues, and shopping precincts enhance the community feel. Richmond’s strategic location ensures easy access to major transport routes and employment hubs.

Frequently Asked Questions

What are the potential uses for this property given its Commercial 1 zoning?

The Commercial 1 zoning allows for a range of uses including redevelopment into residential apartments, mixed-use developments, or commercial spaces, subject to council approval.

Is there scope for future development or expansion on this site?

Yes, the site’s zoning and location within a developing area provide significant potential for future development or expansion, pending planning permissions.

What amenities and transport options are available nearby?

Richmond offers excellent amenities including shopping, dining, parks, and public transport options such as trams and trains, providing easy access to Melbourne’s CBD and surrounding suburbs.

Are there any restrictions or covenants associated with this property?

Details regarding restrictions or covenants can be obtained from the local council or the vendor’s legal representative to ensure compliance with planning regulations.

What to ask about this property to agent?

Are there any existing planning or development approvals or restrictions on this site? What are the potential costs involved in rezoning or redevelopment of the property? Are there any known environmental issues or contamination on the site? Is there any nearby construction activity that could impact future living or investment prospects? What are the strata or body corporate arrangements if applicable, and are there any associated fees? Are there any easements, covenants, or zoning overlays that could affect future use? What is the history of the property regarding previous uses or modifications? Are there any flood or bushfire risks associated with this location? What are the ongoing maintenance costs for the property? Is there any upcoming infrastructure or urban planning projects in the vicinity that could influence property value?

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43-67 River Street, Richmond VIC 3121 - More Details

Home to electrical engineering products manufacturer, NHP, for approximately 40 years, it represents the last Commercial 1-zoned site in this pocket of the city, which is undergoing a dynamic new phase of residential development.

Cbus Property

Developer

Cbus Property is a wholly owned entity of Cbus Super, the industry superannuation fund for the construction, building and allied industries, with funds under management exceeding $105 billion at 30 June 2025.

Cbus Property is responsible for the strategic performance and management of all aspects of the Cbus direct property investment business, including major investments and developments in the commercial office, residential and retail sectors. The property portfolio currently exceeds $7.8 billion, with a further $3.4 billion of development work ‘in hand’, making Cbus Property one of Australia’s leading integrated property investors and developers.

Cbus Property has extensive experience undertaking sustainable initiatives within Australia and is committed to using its considerable experience in the investment and delivery of developments that provide a benchmark for both economic and environmental sustainability.

43-67 River Street, Richmond VIC 3121 - Point Of Interest

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43-67 River Street, Richmond VIC 3121

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