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11/185-191 Lennox Street, Richmond, Vic 3121 For Sale
11/185-191 Lennox Street, Richmond, Vic 3121 11/185-191 Lennox Street, Richmond, Vic 3121-Image 11/185-191 Lennox Street, Richmond, Vic 3121-Image 11/185-191 Lennox Street, Richmond, Vic 3121-Image 11/185-191 Lennox Street, Richmond, Vic 3121-Image 11/185-191 Lennox Street, Richmond, Vic 3121-Image 11/185-191 Lennox Street, Richmond, Vic 3121-Image 11/185-191 Lennox Street, Richmond, Vic 3121-Floorplan

11/185-191 Lennox Street, Richmond, Vic 3121

$470,000 - $517,000

Apartment
Type
1
Bedrooms
1
Bathrooms
2
Parkings

Published on Tuesday, August 04, 2026 ( See property details for 11/185-191 Lennox Street, Richmond, Vic 3121)

$470,000 - $517,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-presented one-bedroom apartment in the heart of Richmond offering exceptional lifestyle convenience and two secure car spaces.

🏡 Property Highlights

  • Prime Richmond location with vibrant lifestyle amenities
  • Two allocated car spaces, a rare and valuable feature
  • Flexible usage options including permanent, long-term, or short-term rental
  • Spacious living and dining areas with functional kitchen
  • Well-sized bedroom with built-in robes
  • Potential for high rental return in a sought-after inner-city suburb

✨ Key Features

  • Built-in Robes
  • Garage / Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Outdoor Area / Balcony
  • Internal Laundry

Richmond is a vibrant inner-city suburb renowned for its eclectic mix of cafes, restaurants, shopping, and entertainment options. Its excellent public transport links provide easy access to Melbourne’s CBD and surrounding areas. The area boasts a lively community atmosphere, sporting venues, and a diverse cultural scene, making it ideal for both lifestyle and investment. With a strong rental market and high demand, Richmond offers excellent long-term growth potential.

Can I use this apartment for short-term rental or Airbnb?
Yes, the apartment is currently operating within the building's short-term rental pool, offering flexibility for short-term accommodation, subject to applicable rules and regulations.
What are the ongoing costs associated with this property?
The owners corporation fees are approximately $1,400 per annum, with council rates around $1,316 per annum.
Is there potential for future capital growth in Richmond?
Yes, Richmond's vibrant lifestyle, high demand, and proximity to Melbourne CBD make it a strong candidate for ongoing capital growth.
Are there any restrictions on the use of the apartment?
Usage options include permanent living, long-term rental, or short-term accommodation, subject to applicable building rules and local regulations.
What amenities are nearby?
The apartment is close to cafes, restaurants, shopping precincts, entertainment venues, sporting facilities, and excellent public transport options.
Are there any upcoming strata or owners corporation special levies planned for the building? Is the apartment compliant with all building and safety regulations, including fire safety standards? Are there any restrictions or covenants affecting short-term rental use? What is the history of any past repairs or renovations to the apartment? Are there any planned developments or zoning changes in the vicinity that could impact the property? Is the property located in a flood or bushfire-prone area? Are there any noise or nuisance issues from neighboring properties? What are the terms of the owners corporation, including any restrictions on parking or modifications? Are there any easements or encumbrances affecting the property? Has the property been affected by any past flooding or environmental issues?

11/185-191 Lennox Street, Richmond, Vic 3121 - More Details

$470,000 - $517,000

Positioned in the heart of vibrant Richmond, this well-presented one-bedroom apartment offers a rare combination of lifestyle appeal, flexibility and the highly sought-after benefit of two allocated car spaces. Whether you're looking for a convenient city-fringe home, a long-term investment or the flexibility to explore short-term accommodation, this property offers the freedom to choose the option that best suits your lifestyle and future plans.
The apartment features a practical and comfortable layout, with a generous living area, separate dining space and functional kitchen, while the well-sized bedroom includes built-in robes. A central bathroom, separate laundry and two car spaces complete the offering, providing a level of convenience rarely found with a one-bedroom apartment in such a sought-after inner-city location.

Key Features
• One-bedroom apartment in a highly sought-after Richmond location
• Two allocated car spaces — a rare and valuable advantage
• Spacious living and dining area
• Functional kitchen with excellent storage
• Bedroom with built-in robes
• Central bathroom and separate laundry
• Potential to utilise for permanent living, long-term rental or short-term accommodation, subject to applicable rules and requirements

While the apartment itself offers easy-care living, its greatest lifestyle advantage is its location. Step outside and enjoy the best of Richmond, with an abundance of cafés, restaurants, shopping, entertainment and public transport all within easy reach. The two allocated car spaces provide exceptional convenience for residents and add valuable flexibility for future occupants or tenants.

Location
Located in one of Melbourne's most vibrant and sought-after inner-city suburbs, this apartment places you close to everything Richmond has to offer. Enjoy easy access to local cafés, restaurants, shopping, sporting venues and entertainment, with excellent public transport connections providing convenient access to the CBD and surrounding suburbs.

Investment Snapshot
• Estimated rental return: Approximately $33,800 per annum
• Owners Corporation Fees: Approximately $1,400 per annum
• Council Rates: Approximately $1,316 per annum

Currently operating within the building's short-term rental pool, you have the flexibility to continue the existing arrangement or make the apartment your own. With its prime Richmond location and rare two-car accommodation, this is an opportunity not to be missed—inspect today!




Disclaimer: Every effort has been made to ensure the accuracy of the information provided. Prospective purchasers are advised to carry out their own investigations.
Photo ID is required at our open home inspections for all attendees! Photographs may incorporate virtual furniture staging. All structures depicted remain unaltered.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
2
House Size
50 m²

Price guide

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