Coppin House, 45 & 47 Coppin Street, Richmond, VIC 3121

Offices | Industrial | Development/Land

Sold

  • Property ID: 436859
  • Floor Area: 779m²
  • Land Area: 510m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 20/11/2023 779m2 510m2 Contact Agent
Turnkey City Fringe Building with On-site Car Parking and Melbourne CBD Skyline Views

Stonebridge Property Group is pleased to present Coppin House, 45 & 47 Coppin Street, Richmond.

Coppin House is a substantial freehold city fringe office/warehouse with strategic mixed-use (MUZ) zoning, meticulously designed internal fit-out, off-street car parking, and offered with favourable short-term holding income.

The property is bolstered by its central Richmond location underpinned by immediate access to two major retail strips – Bridge Road & Swan Street.

The key highlights of the opportunity include:

- A significant 779 sqm* two-level modern office/warehouse bolstered by a 3.1 m* clearance roller door to Coppin Street

- Architecturally designed internal fit-out, completed to the highest possible standard. Polished concrete flooring, chic bathroom and kitchen amenities, multiple strategic light wells, and modern end-of-trip facilities. The property internally requires no further capital improvement

- Expansive 510 sqm* landholding supported by front, side, and rear access, a rare commodity in an inner-city suburb

- Zoned mixed-use (MUZ), allowing for future commercial, residential, or a clever combination of the two (STCA)

- 50 m* from Richmond’s iconic Bridge Road retail and hospitality precinct. The immediate proximity to the strip underpins the activity and secures the future upside, leveraging primarily from the neighbouring hospitality businesses, notably Spread Eagle Hotel, LadyBoy Dining & Bar, Minamishima (three hats), and Mister Minh

- Coppin House suits owner-occupiers, investors, and developers, noting there is buyer favoured short-term holding income

- Join Richmond’s dynamic mixed-use precinct, ideal for graphic designers, marketing agencies, architects, builders, developers, sound studios, family offices, engineers, plus more

- Immediate proximity to two major Train Stations (900 m*) – East Richmond & Burnley plus access to Bridge Road (50 m*) & Church Street (100 m*) tram network

- 10 secure undercover car parks on-site, a rarity in this pocket of Richmond

For further information, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Shawn Luo ??
0412 338 918

*Approximately

Property Code: 758

Richmond Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7131 $648 9.09%
Industrial $6564 $421 6.41%
Retail $6628 $401 6.06%
This is the average advertised price, rent and yield for Richmond, VIC 3121*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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