280 Burnley Street, Richmond, Vic 3121

Expressions Of Interest - $1m-$1.1m

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Friday, May 29, 2026 ( See property details for 280 Burnley Street, Richmond, Vic 3121)

Expressions Of Interest - $1m-$1.1m

Ella Vander Sluys Team Leader | Field Services Department
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile mixed-use freehold in Richmond offering secure income, development potential, and prime city-fringe location.

🏑 Property Highlights

  • Prime mixed-use freehold in the heart of Richmond’s vibrant precinct
  • Long-term leased retail and residential income streams
  • Future development potential (STCA) for added value
  • Excellent natural light throughout the property
  • Secure on-site parking and rear roller-door access
  • Walking distance to Burnley railway station and Swan Street tram

✨ Key Features

  • Commercial/residential title
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Balcony
  • Open-Plan Living
  • Home Office / Study
  • Ensuite
  • Built-in Robes
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280 Burnley Street
Richmond, VIC 3121
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Vertical aerial view β€” 280 Burnley Street
280 Burnley Street — Vertical Aerial  •  Richmond, VIC 3121  •  Nearmap © 2026

Richmond is a dynamic inner-city suburb renowned for its vibrant lifestyle, diverse dining options, and excellent public transport links. It offers a thriving commercial hub, proximity to Melbourne’s CBD, and a strong community atmosphere. The area features a mix of historic and modern developments, making it highly desirable for investors and residents alike. With easy access to parks, cafes, and retail amenities, Richmond provides a convenient and lively urban lifestyle.

What are the current income streams from this property?
The retail shop is leased until February 2027, generating $27,715 per annum plus GST, while the residential unit is leased until February 2027, earning $530 per week or $27,635 per annum.
What development opportunities does this property offer?
The property has future value-add and development potential subject to STCA, allowing for possible upgrades or redevelopment to enhance its value.
Is there any owners corporation fee applicable?
No, the property is on a commercial/residential title with no Owners Corporation fees.
What amenities are nearby?
The property is surrounded by renowned cafes, restaurants, retail amenities, and public transport options, including Burnley railway station and Swan Street tram services.
What is the condition of the property’s fixtures and fittings?
The information provided is supplied by the owner, and while no guarantee is given, buyers should carry out their own inspections to verify the condition of fixtures, fittings, and inclusions.
Are there any hidden costs or upcoming maintenance expenses associated with the property? What planning or zoning restrictions could affect future development or renovations? Are there any easements, covenants, or restrictions on the property? Is the property located in a flood or bushfire-prone area? Are there any ongoing or upcoming planning or construction activities nearby that could impact the property? What are the details regarding the property's compliance with building codes and regulations? Are there any existing or potential issues with the property's structure or fixtures? Is there any history of pest infestations or environmental concerns? What are the terms of the current leases, and are there any upcoming lease expirations? Are there any strata or body corporate considerations if applicable?

280 Burnley Street, Richmond, Vic 3121 - More Details

Expressions Of Interest - $1m-$1.1m

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

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