Back 159 Lennox Street
Off Market

159 Lennox Street

Richmond VIC 3121

2
2
2
118 m²
299 m²
House
Last sold for $1,225,000
Julie TaylorJulie Taylor, last sold this property on 11 May 2026 after 32 days on market.

Overview

PRIME MEDICAL OPPORTUNITY IN THE HEART OF RICHMOND'S HEALTHCARE PRECINCT

Positioned in one of Richmond’s most tightly held and highly sought-after pockets, 159 Lennox Street presents an exceptional opportunity for medical professionals, investors, or visionary buyers seeking a versatile property with strong future upside. Located just 250 metres from Epworth Hospital, this property sits firmly within Richmond’s thriving medical precinct—making it an ideal choice for practitioners looking to establish or expand their presence in a premium healthcare location. Currently operating as a medical practice, the property is well-maintained, in excellent condition, and ready for immediate use—allowing an incoming buyer to step in and commence operations without delay. Key features include: - One well-proportioned consulting room, and one fully fitted office - Existing medical permit in place - Two off-street car spaces for added convenience - Fully accessible, single-level layout—ideal for patients of all abilities - Disabled bathroom facilities, ensuring ease of use and compliance Accessibility is second to none, with easy walking distance to Bridge Road’s vibrant retail and dining strip, multiple tram routes, and Richmond Train Station—providing seamless connectivity for both patients and staff. Set on approximately 300sqm of land, the property also offers exciting flexibility beyond its current use. While perfectly suited for continued medical or allied health operations, there is significant potential for renovation or transformation into a unique residential home (STCA), capitalising on its prime location and generous landholding. Whether you’re a medical professional seeking a strategic location, an investor chasing a high-demand asset, or a creative buyer ready to unlock its residential potential, this is a rare Richmond offering not to be missed. Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
118 m² floor area
299 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Richmond over the last 12 months, the estimated median property value of 159 Lennox Street is $1.2m.

Median value
$1.2m
Estimated value range
$718k - $1.75m
Median days on market
23
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Richmond. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 159 Lennox Street

2026
Sold
$1,225,000
11 May 2026 by Julie Taylor, of BigginScott Richmond

Happy sellers in Richmond

91%
91% of sellers in Richmond reported that their sale price either exceeded or met their price expectations.

Richmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Richmond over the last 12 months.

Local market activity for 2 bedroom houses in Richmond

In the last 12 months, 116 two-bedroom houses similar to 159 Lennox Street, have been sold.

This represents a 27% decrease in two-bedroom houses sales when compared to the previous 12 months.

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