12/389 Punt Road, Richmond, Vic 3121

Private Sale $600,000-$650,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, June 26, 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

Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 27 Jun 9:45 am

    Saturday 27 June
    9:45 am - 10:15 am
Thank you for submitting your reminder request.

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