501/174 Burnley St, Richmond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 268m2.
***Great investment potential with a long term tenant paying $26,856 per annum***
Sophisticated and stylish, this near-new apartment in the acclaimed 'Isola' delivers an exceptional inner-city lifestyle in the heart of vibrant Richmond. Positioned just moments from the cafes, restaurants, bars, boutiques and trams of Bridge Road, it offers effortless convenience paired with impressive contemporary design.
Filled with natural light and framed by uninterrupted panoramic views stretching across the CBD, north-east skyline and Dandenong Ranges, the intelligently designed floorplan combines quality finishes with low-maintenance ease. A welcoming entrance hall leads to an open-plan living and dining domain, seamlessly extending to a private balcony ideal for relaxing or entertaining against a stunning city backdrop.
The sleek kitchen is appointed with stone benchtops, premium European appliances, integrated dishwasher and refrigerator, while the spacious bedroom features built-in robes and is serviced by a stylish modern bathroom. Additional features include a cleverly concealed Euro laundry and integrated reverse-cycle heating and cooling for year-round comfort.
Residents also enjoy access to an expansive rooftop entertaining terrace with spectacular city views, along with an exclusive private bar area, creating the perfect setting to entertain or unwind above the skyline.
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 22,677 properties. Over the last 5 years, Houses in Richmond have seen a -3.75% decrease in median value, while Units have seen a -1.01% decrease. As at 31 May 2026:
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