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11 Howard Street, Richmond, VIC, 3121

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11 Howard Street, Richmond, VIC, 3121

Richmond

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+13 Photos
11 Howard Street, Richmond, VIC, 3121

11 Howard Street, Richmond, VIC, 3121

Properties / Buy / Victoria / Richmond
Development Potential
Property Type
Commercial
Sub Type
Office
Land Area
240 m² (*approx)
LGA
Yarra City
Selling Method
For Sale: Contact Agent
DOCUMENTS AVAILABLE
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The Site. In The Street. In The Suburb.
  • CZ2 Zone
  • Land Area: 240 m2
  • Develop, Invest or Occupy

Nestled in one of Australia's premier commercial precincts, this property offers substantial development potential (STCA). Its advantageous location within the CZ2 zone, coupled with the impressive heights achieved by neighbouring state-of-the-art buildings, current approved permits on Howard Street and the surrounding area, presents an unrivalled opportunity.

The property features a two-storey period residence comprising three bedrooms, parking for 2 vehicles via rear right of way, plus a further 2 car garage via a crossover to Howard Street. Totalling 4 off-street car parks and a north-facing rear garden.

As a prime site on a street that the City of Yarra has earmarked for development, the property benefits from holding income and potentially limited planning risk based on the recent benchmarks set by other developments in Howard Street (STCA).

High demand surpasses the supply for boutique office spaces and commercial buildings in Richmond and Cremorne, primarily due to the scarcity of quality development sites. Despite this, the leasing and resale of these properties continue to thrive, driven by the strong fundamentals of Richmond and its surrounding areas.

Richmond offers excellent connectivity to various transportation options, a diverse selection of food and beverage establishments, as well as schools, preschools, and day-care facilities.

Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd  has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Development Potential

Development Site Summary

Property Type
Commercial
Sub-type
Office
Land Area
240 m² (*approx)
Yarra City
Selling method
For Sale: Contact Agent
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

The Site. In The Street. In The Suburb.
  • CZ2 Zone
  • Land Area: 240 m2
  • Develop, Invest or Occupy

Nestled in one of Australia's premier commercial precincts, this property offers substantial development potential (STCA). Its advantageous location within the CZ2 zone, coupled with the impressive heights achieved by neighbouring state-of-the-art buildings, current approved permits on Howard Street and the surrounding area, presents an unrivalled opportunity.

The property features a two-storey period residence comprising three bedrooms, parking for 2 vehicles via rear right of way, plus a further 2 car garage via a crossover to Howard Street. Totalling 4 off-street car parks and a north-facing rear garden.

As a prime site on a street that the City of Yarra has earmarked for development, the property benefits from holding income and potentially limited planning risk based on the recent benchmarks set by other developments in Howard Street (STCA).

High demand surpasses the supply for boutique office spaces and commercial buildings in Richmond and Cremorne, primarily due to the scarcity of quality development sites. Despite this, the leasing and resale of these properties continue to thrive, driven by the strong fundamentals of Richmond and its surrounding areas.

Richmond offers excellent connectivity to various transportation options, a diverse selection of food and beverage establishments, as well as schools, preschools, and day-care facilities.

Disclaimer:
All information about the property has been provided to Castran TM Pty Ltd by third parties. Castran TM Pty Ltd  has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Read More
Dataroom
Development Potential

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11 Howard Street, Richmond, VIC, 3121

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