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251 Richardson Street

Middle Park VIC 3206

3
2
3
272 m²
House
Currently for sale - view listing

Overview

Generational Village Opportunity with Dual Site Access

Expressions of Interest close Tuesday, October 27 at 5.00pm. Occupying 272sqm (approx) in the heart of Middle Park Village, this substantial dual-level property presents significant residential and commercial potential, supported by two street frontages, a coveted northern rear aspect and vehicle access from Erskine Street. Currently configured as a hospitality venue, the building offers the flexibility to revive its former restaurant use or pursue a spectacular private residence with garaging and city views from an upper level (STCA). Previously home to Cuscina, the existing fit-out spans generous indoor dining areas and outdoor spaces, culminating in a rooftop terrace that captures northern sunlight and city views. A commercial kitchen services the main restaurant areas, with multiple WCs arranged across both levels, while the upstairs office provides further scope for renovation or reconfiguration. Its depth of 40m (approx) adds another dimension to future plans, whether retained for occupation, leased or redeveloped (STCA). Gated access from Erskine Street already provides secure off-street parking for three vehicles, a considerable advantage in this tightly held village setting. The property sits moments from the light rail, #12 tram, Middle Park Hotel and Neds, with Albert Park Lake, MSAC, the beach and leading schools all within easy reach, placing exceptional amenity around a property with substantial land and future potential.

Features

3 bedrooms
2 bathrooms
3 carspaces
272 m² lot size
House

Property history for 251 Richardson Street

2010
Sold
$472,500
Private Sale/Treaty on 04 Jul 2010

Happy sellers in Middle Park

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We have insufficient information to provide an overview of customer satisfaction for Middle Park. Viewing the agent profiles, reviews and sales for Middle Park can provide insights for this location.

Local market activity for 3 bedroom houses in Middle Park

In the last 12 months, 26 three-bedroom houses similar to 251 Richardson Street, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

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