Richmond is one of the most diverse and consistently active commercial leasing markets in metropolitan Melbourne, and for landlords seeking quality tenants and for businesses seeking the right location across three genuinely distinct commercial corridors, few suburbs in the city offer the breadth of opportunity that Richmond consistently delivers.
At Aston Commercial, leasing is part of who we are. For more than thirty years we have helped Melbourne landlords secure quality tenants quickly and confidently, reducing vacancy time, increasing rental return and creating long term value. Richmond has been central to our Melbourne commercial portfolio for decades, and our deep familiarity with Bridge Road, Church Street and Swan Street gives us a genuine understanding of who is leasing in Richmond, what they are looking for and how to match the right tenant to the right property.
Whether you are a landlord seeking to lease large format trade space on Bridge Road, boutique retail on Church Street, or hospitality and entertainment space on Swan Street, Aston Commercial has the qualified tenant reach, the campaign expertise and the senior oversight to deliver the leasing outcome you need.
Browse our current commercial properties for lease across Richmond and Melbourne, or contact our team directly to discuss your requirements.
Why Lease Commercial Property in Richmond
Richmond’s commercial market is one of the most layered and dynamic in Melbourne. Bridge Road has historically been one of the city’s most significant large format and trade retail corridors, supporting a mix of furniture, homewares, fashion and trade operators who draw customers from across metropolitan Melbourne. Church Street supports a more intimate and premium retail and hospitality environment, with a concentration of boutique food operators, lifestyle retailers and professional services businesses.
Swan Street is one of Melbourne’s most energetic hospitality and entertainment strips, drawing consistent crowds from the surrounding suburbs and from Punt Road Oval on match days, creating leasing demand for food, beverage and entertainment operators that few comparable suburban strips in Melbourne can match for energy and volume.
The suburb’s proximity to the CBD and its exceptional tram and train connectivity make it accessible from virtually every part of Melbourne, underpinning foot traffic levels across all three corridors that remain strong throughout the week and into the evenings. For landlords, this gives access to three genuinely distinct tenant pools within a single suburb.
The Richmond Leasing Market
Bridge Road Large Format and Trade Tenancies Large format and trade tenancies along Bridge Road continue to attract demand from furniture, homewares, fashion and trade operators seeking a destination retail location with strong metropolitan draw.
Church Street Boutique Retail and Professional Tenancies Church Street’s boutique food, lifestyle retail and professional services tenancies attract consistent demand from operators seeking a loyal local customer base and a premium inner suburban address.
Swan Street Hospitality and Entertainment Tenancies Swan Street’s exceptional and consistent foot traffic, including significant match day crowds, makes hospitality and entertainment tenancies along this strip some of the most actively sought after leasing opportunities in Richmond.
Mixed Use and Office Space Richmond’s varied commercial building stock supports demand for mixed use and office tenancies from businesses seeking strong connectivity and proximity to the CBD without a CBD lease.
Why Richmond Landlords Choose Aston Commercial
For landlords, the difference between an average leasing outcome and an outstanding one comes down to the quality of the tenant secured, the speed with which vacancy is filled and the strength of the lease terms negotiated. Aston Commercial delivers on all three.
Our focus is to reduce vacancy time, increase rental return and create long term value for every landlord we represent. We manage one of Melbourne’s most active leasing portfolios, and in 2024 alone our team completed more than 370 leasing and renewal transactions across Melbourne. That volume of activity gives us a constant and current pipeline of qualified tenants and a precise understanding of where demand is strongest across the market, including across Richmond’s three distinct corridors.
Once a tenant is secured, we oversee the entire handover and fit out process to ensure the property is delivered in the right condition and the tenancy commences on a strong footing. In a suburb as commercially diverse as Richmond, getting this process right at the outset is essential to securing tenancies suited to each corridor’s specific character and customer base.
Our Leasing Approach
At Aston Commercial, our approach to commercial leasing in Richmond is built on qualified tenant reach, structured campaign management, tenant quality assurance and director level involvement at every stage.
Qualified Tenant Database Our database and market reach are unmatched among independent agencies, built across more than thirty years of active engagement in Melbourne’s commercial market. Our systems allow us to act quickly when matching tenants to properties, reducing vacancy and increasing return for our landlord clients.
Structured Campaign Management Every Richmond leasing campaign is supported by professionally executed marketing across major commercial property portals, targeted direct outreach to our qualified tenant network, professional photography and copywriting, and social media distribution, all designed to generate the strongest possible competition among quality tenants.
Tenant Quality Assurance Every applicant undergoes a strict vetting process to ensure reliability, financial capacity and long term stability. Across Richmond’s three distinct corridors, securing the right tenant for each specific location is the single most important factor in protecting a landlord’s income.
Director Level Involvement Every Aston Commercial leasing campaign is personally overseen by a director, ensuring that experience, accountability and market knowledge drive every decision from listing through to lease commencement.
Who Leases Commercial Property in Richmond
Our decades of active engagement across Richmond’s three corridors have given us a clear understanding of the tenant community that drives the suburb’s leasing market.
Large Format and Trade Retailers Furniture, homewares, fashion and trade operators consistently seek space on Bridge Road, drawn by its established reputation as a destination retail corridor.
Boutique Retail and Professional Services Boutique food operators, lifestyle retailers and professional services firms seek space on Church Street, valuing its loyal local catchment and premium positioning.
Hospitality and Entertainment Operators Swan Street’s exceptional foot traffic, including significant match day crowds, makes it a priority leasing destination for hospitality and entertainment operators.
Office and Mixed Use Tenants Businesses seeking strong CBD connectivity without a CBD lease continue to seek office and mixed use space across Richmond’s varied commercial building stock.
Our Leasing Team
Our leasing division is led by Rodney King, Executive Director and Head of Agency. Rodney brings extensive experience across retail, hospitality and trade leasing and a proven record of high volume results across Melbourne’s key precincts. He is supported by an experienced team including Angus Parnham, Oliver Redfern, Zak Lewski and Sebastian Origlia, and every Aston Commercial leasing campaign is personally overseen by a director to ensure accountability and results at every stage.
Meet our broader team here.
Lease Commercial Property in Richmond
If you are a landlord seeking to lease your Richmond property to a quality tenant suited to your corridor, or a business seeking the right location across one of Melbourne’s most diverse and active inner city precincts, Aston Commercial is the agency to talk to.
Browse our current commercial properties for lease, explore our property management services, or contact our team on 03 8532 2222 to discuss your Richmond leasing requirements.
