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Sold on 28 Oct 2024 - Price Unavailable

22-24 Clifton Street
Richmond VIC 3121

Bedrooms: -
Bathrooms: 14
Car spaces: -
Land area: 700m2
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Marshall White
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Property Details for 22-24 Clifton St, Richmond

22-24 Clifton St, Richmond is a 0 bedroom, 14 bathroom Unit. The property has a land size of 700m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom Unit sold in Richmond in the last 12 months.

Building Type
Unit
Land Size
700m2
Local Government
Yarra
Lot/Plan
1/PS526731

Last Listing description (November 2024)

Commanding spectacular uninterrupted city views and enjoying a sought-after Richmond Hill location, this impeccably presented block of 13 one- and two- bedroom apartments currently returning $280,000 per annum approx. represents a rewarding addition to any investment portfolio or as an exceptionally rare opportunity to build a new luxury home or boutique development (STCA).All currently tenanted, the five one-bedroom and eight two-bedroom apartments provide an excellent income stream with low outgoings. Alternatively, the 700sqm approx. site advantaged by a second frontage on Dando Street offers scope for subdivision. Situated in one of the areas most prestigious tree-lined streets, it is also the perfect location to construct a luxurious new boutique development that fully capitalizes on the spectacular views.Idyllically situated just a short walk to Swan and Church Streets renowned restaurant precincts, the MCG, Richmond station, trams and the CBD, this is a once in a lifetime opportunity

Property History for 22-24 Clifton St, Richmond, VIC 3121

A timeline of how this property has performed in the market
Last Sold
28 Oct 2024
Listed for Rent
$100/w
05 Nov 1994
  • 28 Oct 2024
    Sold
  • 21 Aug 2024
    Listed for Sale $7,250,000
  • 12 Mar 2021
    Listed for Sale Expressions of Interest Closing 13th April at 5pm
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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 22,237 properties. Over the last 5 years, Houses in Richmond have seen a 3.86% increase in median value, while Units have seen a 0.62% increase. As at 31 October 2024:

  • The median value for Houses in Richmond is $1,391,709 while the median value for Units is $612,696.
  • Houses have a median rent of $775 while Units have a median rent of $575.
There are currently 67 properties listed for sale, and 68 properties listed for rent in Richmond on OnTheHouse. According to CoreLogic's data, 925 properties were sold in the past 12 months in Richmond.

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