Back 305/183 Bridge Road
Off Market

305/183 Bridge Road

Richmond VIC 3121

2
1
1
Apartment
Last sold for $500,000
Takumi TrevenaTakumi Trevena, last sold this property on 17 July 2024 after 957 days on market.

Overview

An investor’s Dream

Expressions of Interest Leased for $600PW until August 2024, this apartment provides an investor with an incredible yield opportunity. Positioned in one of the most desirable inner city locations in Melbourne, this brilliant elevated apartment delivers the ultimate contemporary convenience alongside panoramic vistas and an inviting entertaining terrace with rooftop views. Stylish modern finishes and sleek Bosch appointments feature throughout the open plan living area where timber floors establish ambience, and plenty of storage, Dekton benchtops and a striking window splashback confirm everyday suitability. Two generous bedrooms share a chic bathroom and a Euro laundry, heating and cooling, storage cage and basement garage parking complete this effervescent lifestyle proposition. Situated with Bridge Road’s shops and trams on your doorstep, with Citizens Park, West Richmond train station and Melbourne’s world renowned sporting precinct within easy reach. An unbeatable location with high rental demand that can’t be missed. Inspection by Private appointment

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Richmond over the last 12 months, the estimated median property value of 305/183 Bridge Road is $646k.

Median value
$646k
Estimated value range
$400k - $1.3m
Median days on market
24
Estimated value trend
2%
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 305/183 Bridge Road

2024
Sold
$500,000
Private Sale/Treaty on 17 Jul 2024 by Takumi Trevena, of Jellis Craig Richmond
2023
Rented
Undisclosed
Leased on 23 Aug 2023 by Jellis Craig Richmond
2022
Rented
Undisclosed
Leased on 05 Apr 2022 by Jellis Craig South Yarra

Happy sellers in Richmond

90%
90% 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 28 reviews in Richmond over the last 12 months.

Local market activity for 2 bedroom apartments in Richmond

In the last 12 months, 195 two-bedroom apartments similar to 305/183 Bridge Road, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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