SoldOct 30, 2026

251 Richardson Street, Middle Park, VIC, 3206

$2,700,000

3
2
3
215 m²
272 m²

House

•

30+ days on the market

Sold: Oct 30, 2026

What's around 251 Richardson Street

Generational Village Opportunity with Dual Site Access

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 Cusina, 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.

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