The latest research from Richmond Cityscope shows property sales value for the suburb has increased throughout the past three months.

According to the data, sales recorded in the three months to August 2019 totalled $17.4 million, an increase from the $13.9 million recorded in the three months to May 2019 and decrease from the $18.7 million recorded to February 2019.

This data brings the 12-month total to $145.3 million, a decrease from the $330.2 million recorded for the same time last year.

Notable sales in the August 2019 update of Richmond Cityscope include:

• 619-623 Bridge Road, Richmond - A two-level former warehouse building used as a showroom and a workshop to the rear on a block of 415 sqm, which was sold for $4.4 million;
• 94 Balmain Street, Cremorne- A single-storey brick commercial/industrial building on a 236 sqm block, which was sold for approximately $3.2 million and
• 365 Bridge Road, Richmond -A single-level brick retail building with parking for 1 car on rear paved land and roller door access to the road, which was sold for $2.185 million.

The interior of 488-490 Swan Street, Richmond, sold through Gross Waddell. Source: Gross Waddell.

Properties listed as for sale in the August 2019 of Richmond Cityscope include:

• 488-490 Swan Street, Richmond - A single-storey brick commercial building with a loading dock and a paved area for parking six vehicles, has a building area of 935 sqm on a 1,229 sqm block, is for sale through Gray Johnson.
• 255-259 Bridge Road, Richmond- A late-Victorian 2-storey building, with stucco facade featuring recessed figurative motifs, with the original coach entrance to the western boundary. There are three shops to Bridge Road and two single-level brick garages to the rear, is for sale through RT Edgar – Manningham and Steveway Real Estate and
• 195 Bridge Road, Richmond - A turn-of-the-20th-century, two-level with four levels to the rear brick shop and residence building in Federation style with a building area of 409 sqm. There is undercover parking for two cars to Leggo Place, is for sale through TCI Property.

 Similar to this: 

Two-storey office building for lease in Melbourne's new creative hub

Health at the heart of Stonnington leasing market

Office space in Melbourne's Normanby Chambers building for sale