Located along the vibrant dining and retail strip of Victoria Street, 362 Victoria Street, Richmond presents a rare opportunity to secure a versatile Commercial 1 Zone (C1Z) freehold with strong income potential in one of Melbourne’s most tightly held inner-city precincts. This impressive property features a spacious ground-floor restaurant premises together with residential accommodation above, offering investors a flexible mixed-use asset with long-term tenant security and strong rental yield. Property Highlights: Commercial 1 Zone (C1Z) – flexible zoning allowing a wide range of commercial uses (STCA) Established restaurant dining area with commercial kitchen Upper-level residential accommodation with multiple bedrooms, kitchen and bathroom Functional mixed-use layout suitable for hospitality and residential use Rear access with garage parking for two vehicles Approximate total building area: 247m² Long-term tenant in place providing strong rental yield Outstanding Location Benefits: Prime inner-city location only 3km from Melbourne CBD Surrounded by high-quality restaurants, cafés and established retailers Close to Melbourne’s premier sports and entertainment precinct including Melbourne Cricket Ground, AAMI Park, Melbourne Park and Sidney Myer Music Bowl Seamless access to trams via the Melbourne Tram Network and nearby train stations Excellent connectivity to major arterial roads including the Monash Freeway and CityLink With its high-exposure location, flexible zoning and established tenant, this is an exceptional investment opportunity in one of Richmond’s most dynamic commercial corridors. Enquire today to secure this premium inner-city freehold investment. Don't miss out on this exceptional commercial opportunity! Contact us now for more details. What’s your next move? Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters
