The Ternary: Dual-Income Richmond Investment

Sale Details

Sold on 28 Aug 2026 for $1,540,000

Description

POINT OF INTEREST:

If most investments feel like a numbers game and a spreadsheet, The Ternary offers something far more considered — a tightly held Richmond asset where design, tenancy strength, and location work in perfect alignment. Positioned within Richmond’s boutique commercial development, 7/3 Bromham Place presents a rare opportunity to secure a premium two-level investment anchored by two quality tenants across hospitality and creative office use, returning a combined rental of $94,537.80 per annum plus GST and outgoings.

Inspired by Richmond’s industrial past, The Ternary blends warehouse character with contemporary refinement, featuring a striking scissored roofline, expansive glazed panels flooding both levels with natural light, and an elevated communal urban garden that feels more Fitzroy members’ club than traditional office complex. On the ground floor, Ternary Tuckshop occupies the café space with a renewed five-year lease, while upstairs Melt Digital has recently secured the first-floor office, complete with access to the expansive outdoor garden terrace. Positioned moments from Bridge Road and tramlines, Richmond Traders, Citizen’s Park, West Richmond Station and Melbourne’s coveted sporting precinct, this is an asset with equal parts creative energy and blue-chip appeal.

Ground Floor Café:
- Leased to 4HS Co Pty Ltd T/A Ternary Tuckshop.
- Five (5) year lease renewed 08/06/2026.
- Returning $50,437.80 per annum plus GST and outgoings.
- One (1) further term of five (5) years.
- Two (2) allocated car spaces/outdoor seating area.
- Operating as Ternary Tuckshop for over 10 years.

First Floor Office:
- Leased to Melt Digital Pty Ltd.
- Two (2) year lease from 01/05/2026.
- Returning $44,100 per annum plus GST and outgoings.
- Two (2) further terms of two (2) years.
- Two (2) allocated car spaces.
- Access to large communal outdoor urban garden.

POINT OF VIEW:

Two tenants. Two income streams. One tightly held Richmond address surrounded by Melbourne’s best cafés, transport links, and lifestyle amenity. In a market flooded with generic commercial stock, The Ternary stands apart as the kind of investment people notice — and rarely let go.

*Approx.
Pricing excludes GST