Sold22-24 Clifton Street, Richmond
Rare Opportunity on Richmond Hill
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 area’s 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 Street’s renowned restaurant precincts, the MCG, Richmond station, trams and the CBD, this is a once in a lifetime opportunity
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Welcome to Richmond 3121
Median House Price
$1,373,000
2 Bedrooms
$1,146,250
3 Bedrooms
$1,547,250
4 Bedrooms
$2,176,250
Richmond is approximately 3 kilometres southeast of Melbourne's CBD, making it a conveniently located suburb for those looking to enjoy close proximity to the city's core while living in a vibrant community setting.
