22-24 Clifton StreetRichmond VIC 3121
Property Details for 22-24 Clifton St, Richmond
22-24 Clifton St, Richmond is a 0 bedroom, 14 bathroom Unit with 4 parking spaces. The property has a land size of 697m2.
Last Listing description (November 2024)
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 areas 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 Streets renowned restaurant precincts, the MCG, Richmond station, trams and the CBD, this is a once in a lifetime opportunity
Property History for 22-24 Clifton St, Richmond, VIC 3121
- 21 Aug 2024Listed for Sale $7,250,000
- 12 Mar 2021Listed for Sale Expressions of Interest Closing 13th April at 5pm
- 05 Nov 1994Listed for Rent - Price not available
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About 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 22,694 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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