12/389 Punt Road, Richmond, Vic 3121

Private Sale $600,000-$650,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Wednesday, July 01, 2026 ( See property details for 12/389 Punt Road, Richmond, Vic 3121)

Private Sale $600,000-$650,000

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

A beautifully updated Art Deco apartment in a prime Richmond location offering modern comfort and timeless character with excellent amenities and lifestyle convenience.

🏡 Property Highlights

  • Prime location in the heart of Richmond, close to Melbourne's premier sporting and entertainment precincts
  • Charming Art Deco complex with only 12 units, offering exclusive community living
  • Spacious open plan living and dining with high ceilings and period features
  • Modernised kitchen with stone benchtops, induction cooktop, and stainless steel appliances
  • Two generous bedrooms with built-in robes and ceiling fans, providing excellent natural light
  • Positioned on the top (first) floor with excellent separation between living and bedroom zones

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Split System Heating and Cooling
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Internal Laundry
  • Extra Storage (Shed/Linen)

Richmond is a vibrant inner-city suburb renowned for its lively dining, shopping, and entertainment options. It offers excellent connectivity with nearby tram and train services, proximity to the MCG and Melbourne Park, and scenic Yarra River trails. The area combines historic charm with modern amenities, making it highly sought after for both residents and investors. Its diverse community and dynamic lifestyle make Richmond a premier choice for urban living.

What are the key features of this apartment?
This apartment features two bedrooms with built-in robes and ceiling fans, a modern kitchen with stainless steel appliances, open-plan living and dining, split system heating and cooling, and an outdoor balcony.
Is there parking available?
Yes, the property includes one off-street car space, with parking permits available subject to council approval.
What is the condition of the property?
The apartment has been beautifully updated with modern finishes while retaining its classic Art Deco character, and is situated within a well-maintained complex.
What amenities are nearby?
The property is conveniently located near Melbourne's top sporting venues, dining precincts, shopping areas, public transport including Richmond Station, and scenic Yarra River trails.
What is the estimated rental income?
The estimated weekly rental return is approximately $625 to $675, equating to up to $35,100 annually.
Are there any upcoming strata or owners corporation fee increases or special levies planned? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural issues or defects? Are there any planned developments or construction projects nearby that could impact the property? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any zoning restrictions or planning overlays that could affect future renovations or use? What are the total ongoing costs, including council rates and owners corporation fees? Is the property compliant with all building and safety regulations? Are there any noise or nuisance issues from neighboring properties? What is the history of the property regarding repairs, renovations, or previous damage?

12/389 Punt Road, Richmond, Vic 3121 - More Details

Private Sale $600,000-$650,000

Positioned within a charming Art Deco complex in the heart of Richmond, this beautifully updated apartment blends timeless character with modern comfort, offering generous proportions, quality finishes and an unbeatable lifestyle location moments from Melbourne's premier sporting, dining and entertainment precincts.

- Situated on the first (top) floor, welcomed by an entrance hall providing excellent separation between the living and bedroom zones, complemented by additional storage.
- Spacious open plan living and dining showcasing classic period features including high ceilings, built in cabinetry and an ornamental fireplace.
- Modernised kitchen featuring stone benchtops, induction cooktop, dishwasher, stainless steel appliances and excellent storage.
- Generous main bedroom featuring built in robes, ceiling fan and excellent natural light.
- Two generous bedrooms, both fitted with built in robes and ceiling fans.
- Central bathroom with shower over bath and integrated laundry facilities.
- Positioned within a beautifully maintained Art Deco block of only 12.
- Double glazed windows and split system heating and cooling.
- Owners corporation fees approximately $750pq.
- 1 X off street car space plus parking permits available (STCA).
- 75sqm approx. of lifestyle living.
- Estimated rental return of $625 – $675 per week approx. (Up to $35,100pa).

Enjoy the very best of Richmond living from this highly sought after address. Perfectly positioned moments from the MCG, Melbourne Park, Yarra River trails and the vibrant dining, shopping and nightlife precincts of Swan Street and Church Street. With Richmond Station, city bound trams and easy CBD access all within walking distance, this exceptional residence offers convenience, connectivity and lifestyle in equal measure.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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