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202/386 Burnley Street

Richmond, VIC 3121, Australia
$550,000
2 bed 2 bath 1 car

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Area Price Guide
$517,000$583,000

Indicative price guide range

🏘️
61
Comparable
📊
$1m
Area median
⚖️
-45%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Urban Living at Its Best - Modern Apartment in the Heart of Richmond with Strong Rental Return Welcome to the ultimate city-edge lifestyle. Perfectly positioned in one of Richmond's most connected pockets, this contemporary 2-bedroom, 2-bathroom apartment with a secure car space delivers exceptional convenience, comfort and investment appeal. Step outside and enjoy the vibrant energy of inner-city Melbourne. You're just a short stroll to Burnley Train Station, a 1-minute drive to the Burnley Tunnel, and only 5 minutes from the CBD. Downstairs, take advantage of a buzzing selection of cafes, restaurants and boutique shops, while premier entertainment venues and nightlife are all within easy reach. Inside, the apartment feels light, fresh and inviting, recently updated with new paint throughout. The open-plan living and dining area flows effortlessly onto your private balcony - the ideal spot to unwind or entertain. Thoughtfully designed for low-maintenance living, the home includes: • Split-system heating and cooling • Dishwasher and quality oven • Secure building access with excellent security • Move-in ready presentation Investor Highlight: Currently leased at $2,912 per month with a secure 12-month tenancy, this property offers a reliable rental return and outstanding investment opportunity in a high-demand location. Whether you're looking for a high-performing first investment property or adding to your existing portfolio, this apartment ticks every box. With modern comfort, excellent rental appeal and a lifestyle address second to none, this is an opportunity that promises strong long-term value. Experience the true Melbourne lifestyle - vibrant, connected and full of energy - all from your new Richmond address.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,666/month
    $1,333 /fortnight
    Loan $440,000 at 6.10% over 30 years

    Upfront costs

    Deposit$110,000
    Stamp duty$28,070
    Conveyancing (est.)$2,000
    Total upfront$140,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    1
    Listed
    2 months ago

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