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8/185 Lennox Street

Richmond VIC 3121

1
1
0 m²
Apartment
Currently for sale - view listing

Overview

Richmond at Your Doorstep — A Smart Studio with Flexible Potential

Positioned within the vibrant heart of Richmond, this well-presented studio apartment offers an exceptional opportunity to secure a low-maintenance inner-city lifestyle in one of Melbourne's most sought-after locations. Whether you're looking for a convenient city base, a smart investment or the flexibility of short-term accommodation, this property offers a range of options to suit your lifestyle and future plans. The well-designed layout provides a generous open living and sleeping area, a functional kitchen and a central bathroom, creating a practical and comfortable space that is easy to maintain. With the apartment currently operating within the building's short-term rental pool, the new owner has the flexibility to continue with the existing arrangement or withdraw it and make the property their own, subject to applicable rules and requirements. Key Features • Well-presented studio apartment in a sought-after Richmond location • Spacious open-plan living and sleeping area • Functional kitchen with essential appliances and storage • Central bathroom with shower • Built-in robe/storage • Option to continue the current short-term rental arrangement or withdraw and occupy the property yourself Designed for easy-care living, this studio offers a convenient base from which to enjoy everything Richmond and inner-city Melbourne have to offer. Step outside and discover an abundance of cafés, restaurants, shopping, entertainment and public transport options, all within easy reach. Location Located in the heart of vibrant Richmond, this apartment places you close to the best of Melbourne's inner-city lifestyle. Enjoy easy access to local cafés, restaurants, shopping, sporting venues and entertainment, while excellent public transport connections provide convenient access to the CBD and surrounding suburbs. Investment Snapshot • Estimated rental return: Approx. $27,300 p.a. • Owners Corporation: Approx. $900 p.a. • Council Rates: Approx. $900 p.a. Whether you continue with the current short-term rental pool, secure a long-term tenant or make it your own, the choice is yours. Don't miss this flexible Richmond opportunity—inspect today! Disclaimer: Every effort has been made to ensure the accuracy of the information provided. Prospective purchasers are advised to carry out their own investigations. Photo ID is required at our open home inspections for all attendees! Photographs may incorporate virtual furniture staging. All structures depicted remain unaltered.

Features

1 bedroom
1 bathroom
0 m² floor area
Apartment

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 27 reviews in Richmond over the last 12 months.

Local market activity for 1 bedroom apartments in Richmond

In the last 12 months, 197 one-bedroom apartments similar to 8/185 Lennox Street, have been sold.

This represents a 8% increase in one-bedroom apartments sales when compared to the previous 12 months.

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