FOR SALE
$420,000-$460,000

607/8 Burnley Street
Richmond VIC 3121

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Convenient living and worthwhile investment

Designed by award-winning architects CHT, United Richmond is a residence tailored for owner-occupiers, featuring stunning architecture that harmoniously blends with its heritage surroundings and generously proportioned interiors bathed in natural light.
Situated directly opposite IKEA and Victoria Gardens Shopping Centre, this one-bedroom apartment is not to be missed! The apartment boasts a spacious bedroom with a built-in robe, a light-filled open-plan living/dining area with heating and cooling, and a stylish bathroom. The Smeg-equipped designer kitchen, complete with an island bench, dishwasher, gas cooktop, electric oven, and ample storage space, is a standout feature. The apartment also includes a generously sized alfresco balcony accessible from the living area, a European laundry, and quality fittings throughout. Additional amenities include a secure building entrance, an intercom system, a secure car space, and a storage cage. Resident facilities feature an indoor heated pool, sauna, and gym.
With a tram stop right on your doorstep, commuting to Melbourne CBD is quick and easy. Conveniently located across from Victoria Gardens Shopping Centre and just minutes from Victoria Street, Bridge Road, cafes, restaurants, entertainment, public transport, and Yarra River trails, this location offers both exceptional convenience and lifestyle benefits. The area demonstrates strong demand for long-term leases and significant potential for short-term rental income, such as Airbnb. The property's prime location and proximity to essential amenities further enhance its investment appeal.
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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 607/8 Burnley St, Richmond

607/8 Burnley St, Richmond is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Professionals First & Co.

Building Type
Apartment

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About Richmond 3121

The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of total area. The population of Richmond in 2011 was 23,814 people. By 2016 the population was 27,711 showing a population growth of 16.4% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 43.2% of the homes in Richmond were owner-occupied compared with 40.8% in 2016.

Richmond has 22,316 properties. Over the last 5 years, Houses in Richmond have seen a 19.38% increase in median value, while Units have seen a 4.09% increase. As at 31 August 2024:

  • The median value for Houses in Richmond is $1,450,223 while the median value for Units is $622,221.
  • Houses have a median rent of $760 while Units have a median rent of $575.
There are currently 61 properties listed for sale, and 60 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 952 properties were sold in the past 12 months in Richmond.

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Eddie Fu
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