202/386 Burnley Street
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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 Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Richmond
This 2-bedroom apartment in Richmond, VIC 3121 sits within reach of public transport, local shops and nearby schools.
Schools near Richmond
- St Kevin's College - Waterfordcombined
- Richmond Primary Schoolprimary · Prep-6 · CoEd
- Richmond West Primary Schoolprimary · Prep-6 · CoEd
- Trinity Catholic Schoolprimary · Prep-6 · CoEd
- Yarra Primary Schoolprimary · Prep-6 · CoEd
- Bindjiroo Yaluk Community Schoolsecondary · 7-12 · CoEd
What's nearby
- Stop 21: Burnley Street (tram) — 703 m away
- Rexel — 923 m away
- Dame Nellie Melba Memorial Park — 596 m away
- O'Connell Reserve — 939 m away
- Murphy Street Reserve — 955 m away
Richmond at a glance
Full suburb profile- Population
- 28,587
- Median age
- 34
- Household income
- $2,245/wk
- Median rent
- $441/wk
- Median mortgage
- $2,292/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Richmond price trend
Median sold · Unit 2 bed
Compound growth -0.5% / yr over 4 yrs
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Price history
Price history
Listing price changes
2 price changes recorded for this property
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