203/185 Lennox St, Richmond is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a floor size of 51m2.
Quality Investment Returning $505 P.W
Securely leased to 'Adara Hotel Apartments' until 2015 with 4 x 5 year options this is ideal for a super fund or just one to add to the portfolio, this very spacious fully refurbished apartment located in the heart of Richmond s renowned Bridge Rd is situated on the second level and comprises one large bedroom with built in robes, large sun filled open plan living and dining leading to a large north facing balcony ideal for entertaining guests.
Features include 2 secure under cover car parks, granite kitchenette, marble tiled bathroom, in-house laundry, heating and cooling.
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 22,785 properties. Over the last 5 years, Houses in Richmond have seen a -6.21% decrease in median value, while Units have seen a 0.51% increase. As at 30 June 2026:
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