5 Lane St, Richmond is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1926. The property has a land size of 766m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Richmond in the last 12 months.
Accommodation
This very charming, sand stone fronted Bungalow sits on a large allotment of some (766sqm app) and is configured with 2-3 bedrooms (the lounge room could be utilised as a 3rd bedroom) and a dining and family area. The property sits in the General Neighborhood zone and presents with plenty of renovation and development potential subject to council consent (STCC). It is most certainly a renovators delight or blank canvas ready to be redeveloped subject to council consent (STCC).
Key Features:
Lifestyle
Richmond is a suburb only 10min from the CBD, 3km from Victoria Square, 3 kms from West Beach and 1.5 km from the Airport. You have public transport options on Richmond Road and South Road with a plethora of shopping options in Kurralta Park, Mile End, Cowandilla, Torrensville and the City. Nearby schools include Richmond, Torrensville, Cowandilla and Plympton Primary School and Mitcham Girls Highschool. You are zoned for Plympton International College.
The Vendor's Statement (Form 1) will be available for perusal by members of the public at the office of the agent at Raine & Horne Unley, 4/215-217 Unley Road, Malvern for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.
*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
The size of Richmond is approximately 1.4 square kilometres. It has 1 park covering nearly 1.2% of total area. The population of Richmond in 2011 was 3,071 people. By 2016 the population was 3,324 showing a population growth of 8.2% in the area during that time. The predominant age group in Richmond is 20-29 years. Households in Richmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Richmond work in a professional occupation. In 2011, 55.4% of the homes in Richmond were owner-occupied compared with 53.2% in 2016.
Richmond has 1,881 properties. Over the last 5 years, Houses in Richmond have seen a 80.44% increase in median value, while Units have seen a 73.71% increase. As at 31 October 2024:
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