305/38 Elizabeth Street, Richmond, Vic 3121

Private Sale $390,000-$410,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 305/38 Elizabeth Street, Richmond, Vic 3121)

Private Sale $390,000-$410,000

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

A stylish one-bedroom apartment in the vibrant Richmond precinct offering contemporary living with excellent amenities and inner-city convenience.

🏡 Property Highlights

  • Sought-after Light Edge complex with contemporary interiors
  • Prime inner-city location close to Victoria Street’s dining and shopping precincts
  • Low-maintenance lifestyle with open-plan living and private balcony
  • Secure undercover car space with additional storage cage
  • Modern kitchen with Smeg appliances and natural stone splashback
  • Excellent natural light in generous bedroom with mirrored built-in robes

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Secure Parking
  • Waterfront / Views
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Waterfront / Views

Richmond is a vibrant inner-city suburb renowned for its eclectic dining scene, boutique shopping, and lush green spaces. It offers excellent public transport links, including trains and trams, making it ideal for a dynamic urban lifestyle. The area combines historic charm with modern amenities, attracting professionals, students, and families alike. Proximity to the CBD ensures easy access to employment hubs and entertainment options. With its lively atmosphere and community-focused environment, Richmond remains one of Melbourne’s most desirable suburbs.

What are the key features of this apartment?
This apartment offers a modern open-plan living and dining area, a private balcony, a contemporary kitchen with Smeg appliances, a generous bedroom with mirrored built-in robes, a designer bathroom, a European laundry, split-system heating and cooling, and secure undercover parking with additional storage.
Is the apartment suitable for first-home buyers or investors?
Yes, the property is ideal for both first-home buyers seeking a stylish inner-city residence and investors looking for a high-yield rental opportunity, with an estimated rental return of $500–$550 per week.
What amenities are nearby?
The apartment is conveniently located near Victoria Street’s dining and shopping precincts, Fitzroy Gardens, the Yarra River trails, Abbotsford Convent, Victoria Gardens Shopping Centre, North Richmond Station, trams, and the MCG, with easy access to Melbourne’s CBD.
What is the size of the apartment?
The apartment has approximately 48 square metres of living space, providing a low-maintenance yet comfortable lifestyle.
Are there any upcoming or planned developments in the area that could affect the property’s value or living environment? What are the strata or body corporate fees, and what do they cover? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for any structural issues or defects? Is the building compliant with all relevant safety and building codes? Are there any known noise issues or disturbances from nearby amenities or construction? What are the long-term plans for the Light Edge complex or surrounding area? Is there any history of flooding or bushfire risk in this location? Are there any additional costs or levies associated with the property? What are the parking and access arrangements, and are they secure and sufficient?

305/38 Elizabeth Street, Richmond, Vic 3121 - More Details

Private Sale $390,000-$410,000

Set within the sought-after Light Edge complex, this sleek one-bedroom apartment delivers refined interiors, quality finishes and low-maintenance ease in one of Richmond’s most vibrant pockets. Ideal for first-home buyers or investors, it combines contemporary style with exceptional inner-city convenience.

- Light-filled open-plan living and dining area with timber flooring, flowing seamlessly to a private undercover balcony perfect for relaxed entertaining.
- Contemporary stone kitchen appointed with Smeg appliances, gas cooktop, dishwasher, integrated fridge and striking natural stone splashback.
- Generous bedroom fitted with mirrored built-in robes and excellent natural light.
- Designer central bathroom with quality fittings and ample storage.
- Separate European laundry for added practicality.
- Split-system heating and cooling ensuring year-round comfort.
- 1 X secure undercover car space plus an additional storage cage.
- Approximately 48sqm of lifestyle living.
- Estimated rental return of $500 – $550 per week approx. ($28,600pa)

Positioned just moments from Victoria Street’s renowned dining scene, cafés and shopping, this address also places you within easy reach of Fitzroy Gardens, the Yarra River trails, Abbotsford Convent and Victoria Gardens Shopping Centre. North Richmond Station, trams and the MCG are all close by, with the CBD only a short stroll or tram ride away — delivering a vibrant, connected lifestyle at your doorstep.

**Please note photos used are taken from a previous sale of a similar apartment in the building**

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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
1
Bathrooms
1
Parkings
1

Price guide

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