129/185 Lennox StreetRichmond VIC 3121
Property Details for 129/185 Lennox St, Richmond
129/185 Lennox St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 51m2.
Last Listing description (March 2019)
Presenting investors with the opportunity to diversify their property portfolio, this first floor serviced apartment forms part of the Adara Hotels and Apartments' luxury Richmond complex and offers consistently performing rental returns. Located in a coveted prime pocket of Richmond, this contemporary studio offers a considerable seven per cent rental yield. Featuring stylish furnishings, a convenient kitchenette, modern bathroom and generous built in wardrobe, the apartment also includes a spacious balcony and access to a well equipped onsite gymnasium. Superbly situated just steps from vibrant Bridge Road and its renowned cafe and shopping precinct, with easy access to transport links, the CBD and Epworth Hospital.
Property History for 129/185 Lennox St, Richmond, VIC 3121
- 30 Jan 2018Listed for Sale $195,000
Recent sales nearby
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About Richmond 3121
The size of Richmond is approximately 4.4 square kilometres. There are 20 parks, covering nearly 4.9% of the total area. The population of Richmond in 2016 was 27705 people. By 2021 the population was 28587 showing a population growth of 3.2% 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 over $4000 per month on mortgage repayments. In general, people in Richmond work in a professional occupation.In 2021, 43.00% of the homes in Richmond were owner-occupied compared with 40.80% in 2016.
Richmond has 22,684 properties. Over the last 5 years, Houses in Richmond have seen a -0.76% decrease in median value, while Units have seen a -0.86% decrease. As at 30 April 2026:
- The median value for Houses in Richmond is $1,435,356 while the median value for Units is $636,503.
- Houses have a median rent of $875 while Units have a median rent of $600.
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