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202/386 Burnley Street

Richmond VIC 3121

2
2
1
Apartment
Currently for sale - view listing

Overview

Prime Richmond Apartment with Locked-In 12-Month Tenancy & High Rental Yield

Urban Living at Its Best - Modern Apartment in the Heart of Richmond with Strong Rental Return Welcome to the ultimate city-edge lifestyle. Perfectly positioned in one of Richmond's most connected pockets, this contemporary 2-bedroom, 2-bathroom apartment with a secure car space delivers exceptional convenience, comfort and investment appeal. Step outside and enjoy the vibrant energy of inner-city Melbourne. You're just a short stroll to Burnley Train Station, a 1-minute drive to the Burnley Tunnel, and only 5 minutes from the CBD. Downstairs, take advantage of a buzzing selection of cafes, restaurants and boutique shops, while premier entertainment venues and nightlife are all within easy reach. Inside, the apartment feels light, fresh and inviting, recently updated with new paint throughout. The open-plan living and dining area flows effortlessly onto your private balcony - the ideal spot to unwind or entertain. Thoughtfully designed for low-maintenance living, the home includes: • Split-system heating and cooling • Dishwasher and quality oven • Secure building access with excellent security • Move-in ready presentation Investor Highlight: Currently leased at $2,912 per month with a secure 12-month tenancy, this property offers a reliable rental return and outstanding investment opportunity in a high-demand location. Whether you're looking for a high-performing first investment property or adding to your existing portfolio, this apartment ticks every box. With modern comfort, excellent rental appeal and a lifestyle address second to none, this is an opportunity that promises strong long-term value. Experience the true Melbourne lifestyle - vibrant, connected and full of energy - all from your new Richmond address.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Property history for 202/386 Burnley Street

2025
Rented
Undisclosed
Leased on 07 Dec 2025 by Ray White Point Cook

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 apartments in Richmond

In the last 12 months, 196 two-bedroom apartments similar to 202/386 Burnley Street, have been sold.

This represents a 7% increase in two-bedroom apartments sales when compared to the previous 12 months.

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