205/187 Lennox StreetRichmond VIC 3121
Property Details for 205/187 Lennox St, Richmond
205/187 Lennox St, Richmond is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1732m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
Last Listing description (May 2013)
QUEST RICHMOND
SITUATED ON THE PREFERRED WESTERN SIDE OF THE COMPLEX, THIS IS A SUPERB SECOND LEVEL ONE BEDROOM APARTMENT OF 50 SQUARE METERS IN ADDITION TO A 9 SQUARE METER BALCONY AND TWO SECURE UNDERCOVER CAR PARKS (TANDEM). THIS APARTMENT IS PRESENTLY LEASED TO THE QUEST APARTMENT GROUP. THIS BOUTIQUE BLOCK OF ONLY 64 SERVICED APARTMENTS IS SET IN THE HEART OF ONE OF MELBOURNE?S MOST SOUGHT AFTER SUBURBS; THE BUILDING IS ON RICHMOND HILL BOASTING A SHORT WALK TO THE VIBRANT BRIDGE RD AND IS ONLY MINUTES AWAY FROM THE MCG, ROD LAVER ARENA AND MELBOURNE?S CBD. NO VACANCIES, NO LEASING OR RENT COLLECTION FEES, NO OWNERS CORPORATE FEES NO GENERAL MAINTENANCE COSTS... SECURELY LEASED TO THE QUEST GROUP UNTIL NOVEMBER 2015 WITH FURTHER OPTIONS THEREAFTER. CURRENT RENT:$24,493 PER ANNUM ($2,041 PER MONTH) (WITH ANNUAL RENTAL INCREASES OF 4% BETWEEN MARKET REVIEWS) RETURN: 7.1% OPTIONS: 4 X 5 YEAR OPTIONS OUTGOINGS: OWNER: COUNCIL AND WATER RATES AND MAINTENANCE FUND TENANT: OWNERS CORPORATE FEES, INSURANCE, GENERAL MAINTENANCE AND WATER USAGE FOR FURTHER ENQUIRES, PLEASE CONTACT THE AGENT. ALTHOUGH EVERY CARE HAS BEEN TAKEN IN THE PREPARATION OF THE ABOVE INFORMATION, WE STRESS PARTICULARS HEREIN ARE FOR INFORMATION ONLY, AND DO NOT CONSTITUTE REPRESENTATION BY THE OWNER OR THE AGENT.
Property History for 205/187 Lennox St, Richmond, VIC 3121
- 17 Mar 2013Sold for $338,000
- 21 Feb 2013Listed for Sale $345,000
- 20 Oct 2003Sold for $383,250
Recent sales nearby
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0About Richmond 3121
The size of Richmond is approximately 4.4 square kilometres. It has 20 parks covering nearly 4.9% of 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 22,565 properties. Over the last 5 years, Houses in Richmond have seen a 13.46% increase in median value, while Units have seen a 6.96% increase. As at 31 January 2026:
- The median value for Houses in Richmond is $1,506,089 while the median value for Units is $655,807.
- Houses have a median rent of $750 while Units have a median rent of $600.
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