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1 Belgium Ave 2,421 SF Office Condo Unit in Richmond, VIC 3121
Investment Highlights
- Located approximately 2 km* from Melbourne CBD and surrounded by high-amenity precincts.
- Sought-after Richmond address with strong connectivity to Melbourne’s major commercial and lifestyle destinations.
- Excellent access to public transit including West Richmond train station and tram routes along Victoria and Bridge Roads.
Executive Summary
1 Belgium Avenue is located in Richmond between Victoria Street and Bridge Road within Melbourne’s inner east. The building spans two levels and provides a combination of office, showroom, and warehouse space. The site benefits from on-site parking and direct access to public transport, including several tram lines and nearby West Richmond Station. The property is approximately 2 kilometers from Melbourne CBD and is positioned near major local thoroughfares and commercial amenity hubs such as Church Street.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 1\PS505239 |
| No. Parking Spaces | 2 |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 1\PS505239 |
Description
Unit is 225 sqm over two levels, the property offers a balanced mix of office, showroom, and warehouse space, making it attractive to a diverse range of businesses
Sale Notes
1 Belgium Avenue, Richmond presents an exceptional opportunity to secure a versatile investment with occupier potential in one of Melbourne’s most accessible and vibrant city fringe locations. Occupying approximately 225 sqm over two levels, the property offers a balanced mix of office, showroom, and warehouse space, making it attractive to a diverse range of businesses. Accompanying this flexibility is on-site parking for two vehicles, adding a premium convenience factor for users or clientele.
The property is currently leased to Lift Shop on a 12-month arrangement, generating $75,000 per annum in rental income, providing short-term cash flow while affording future flexibility for owner-occupiers or repositioning. Situated only 2 km* from the Melbourne CBD, the site benefits from excellent connectivity to major arterial routes and is within walking distance of West Richmond Station and multiple tram services along Victoria Street and Bridge Road. Surrounded by Richmond’s dynamic retail and lifestyle precincts, this property offers an enviable address for investors and occupiers seeking both immediate return and strategic long-term potential.
The property is currently leased to Lift Shop on a 12-month arrangement, generating $75,000 per annum in rental income, providing short-term cash flow while affording future flexibility for owner-occupiers or repositioning. Situated only 2 km* from the Melbourne CBD, the site benefits from excellent connectivity to major arterial routes and is within walking distance of West Richmond Station and multiple tram services along Victoria Street and Bridge Road. Surrounded by Richmond’s dynamic retail and lifestyle precincts, this property offers an enviable address for investors and occupiers seeking both immediate return and strategic long-term potential.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 2,421 SF | Office | Upon Request | - |
Unit 1
| Unit Size |
| 2,421 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 1
| Unit Size | 2,421 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 1\PS505239 |
| Description | |
| Unit is 225 sqm over two levels, the property offers a balanced mix of office, showroom, and warehouse space, making it attractive to a diverse range of businesses</li></ul> | |
| Sale Notes | |
| 1 Belgium Avenue, Richmond presents an exceptional opportunity to secure a versatile investment with occupier potential in one of Melbourne’s most accessible and vibrant city fringe locations. Occupying approximately 225 sqm over two levels, the property offers a balanced mix of office, showroom, and warehouse space, making it attractive to a diverse range of businesses. Accompanying this flexibility is on-site parking for two vehicles, adding a premium convenience factor for users or clientele.<br> <br> The property is currently leased to Lift Shop on a 12-month arrangement, generating $75,000 per annum in rental income, providing short-term cash flow while affording future flexibility for owner-occupiers or repositioning. Situated only 2 km* from the Melbourne CBD, the site benefits from excellent connectivity to major arterial routes and is within walking distance of West Richmond Station and multiple tram services along Victoria Street and Bridge Road. Surrounded by Richmond’s dynamic retail and lifestyle precincts, this property offers an enviable address for investors and occupiers seeking both immediate return and strategic long-term potential.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,688 SF | Typical Floor Size | 4,844 SF |
| Property Type | Office (Condo) | Year Built | 2016 |
| Building Class | B | Lot Size | 0.11 AC |
| Floors | 2 |
| Total Building Size | 9,688 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 4,844 SF |
| Year Built | 2016 |
| Lot Size | 0.11 AC |
Amenities
- Signage
- Natural Light
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1 Belgium Ave
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