402/486 Victoria Street, Richmond, Vic 3121

$400,000 - $440,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, September 30, 2026 ( See property details for 402/486 Victoria Street, Richmond, Vic 3121)

$400,000 - $440,000

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

A stylish one-bedroom apartment in Richmond offering modern living, outdoor space, and excellent amenities in a vibrant location.

🏡 Property Highlights

  • Spacious private balcony with city skyline and leafy views
  • Secure parking and storage cage included
  • Modern open-plan kitchen with gas cooktop and dishwasher
  • Light-filled living area with full-height sliding doors
  • Prime location near Victoria Gardens Shopping Centre and Yarra River trails
  • Well-designed 44m² layout with contemporary finishes

✨ Key Features

  • Balcony
  • Garage / Secure Parking
  • Open-Plan Living
  • Built-in Robes
  • Dishwasher
  • Split-system Heating and Cooling
  • Floorboards
  • Internal Laundry
  • Security Screens / Gates
  • Water tank

Richmond is a vibrant inner-city suburb renowned for its eclectic mix of cafes, retail, and entertainment options. It offers excellent connectivity via tram and train, proximity to the Yarra River trails for outdoor activities, and a lively community atmosphere. The area combines urban convenience with leafy parks and a diverse cultural scene, making it ideal for professionals and downsizers alike.

What are the key features of this apartment?
This apartment features a private balcony with city and leafy views, secure parking, a modern open-plan kitchen with a dishwasher, split-system heating and cooling, and contemporary finishes throughout.
Is the apartment suitable for investment purposes?
Yes, with an estimated rental income of $550 per week, this apartment offers a strong rental return and is well-positioned in a sought-after inner east location.
What amenities are nearby?
The property is close to Victoria Gardens Shopping Centre, the Yarra River trails, Williams Reserve, and local cafes, bars, and entertainment venues.
Does the apartment have outdoor space?
Yes, it features a large private balcony approximately 5.4m by 2.7m, ideal for outdoor dining and relaxing.
What is the layout and size of the apartment?
The apartment has a practical 44m² internal layout, including one bedroom, one bathroom, and a living area that opens onto the balcony.
Are there any upcoming strata or body corporate fees or special levies? Is there any history of flooding or bushfire risk in this area? Are there any restrictions or easements affecting the property? What are the zoning regulations and potential development plans nearby? Are there any planned construction projects or noise issues in the vicinity? Has the property been recently renovated or inspected for defects? Are there any hidden costs associated with the property, such as maintenance or council rates? Is the property compliant with all building and safety standards? Are there any restrictions on pet ownership in the building? What are the long-term plans for the surrounding area that might impact the property’s value?

402/486 Victoria Street, Richmond, Vic 3121 - More Details

$400,000 - $440,000

Step inside this one-bedroom apartment and the first thing you'll notice is the light. Full-height sliding doors open the living area onto a generous private balcony, about 5.4m by 2.7m. It's a true outdoor room, with space for a dining setting, a few potted plants and a long, lazy lunch, while treetops and rooftops stretch out in front and the city skyline sits on the horizon. Inside, timber-look flooring, soft-grey cabinetry and a crisp white tiled splashback create a calm, easy to live in feel.

The 44m² layout is practical. The kitchen has a gas cooktop, oven, dishwasher and a handy pantry, all within easy reach of the living zone. The bedroom fits a queen bed comfortably and has a built-in robe. The bathroom is fresh and modern, with a walk-in shower, wall-hung timber vanity and mirrored shelving. There's a split-system for year-round comfort and an internal laundry. A secure car space and storage cage are included, which is rare at this price point in the inner east.

The location suits an easy, connected lifestyle. Victoria Gardens Shopping Centre, with its retail, cinema and dining, is a short walk away, along with the Terminus Hotel, Hector's Deli and the Carlton Brewhouse. Tram stops on Victoria St put the city within easy reach, and the Yarra River trails and Williams Reserve are close by for weekend walks, rides and picnics.

Key Features
· 1 bed / 1 bath / 1 car apartment, 44m² internal
· Large private balcony (approx. 5.4m x 2.7m) with city skyline and leafy outlooks
· Floor-to-ceiling sliding doors bringing in natural light
· Open-plan living and kitchen with gas cooktop, oven and dishwasher
· Kitchen pantry and integrated fridge cavity
· Queen-sized bedroom with built-in robe
· Modern bathroom with walk-in shower, wall-hung timber vanity and mirrored shelving
· Internal laundry
· Split-system heating and cooling
· Timber-look flooring and LED downlights
· Secure single car space and storage cage


Rental Return
· Estimated rental income: $550 P.W
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

Price guide

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  • Inspection Sat 3 Oct 10:30 am

    Saturday 3 October
    10:30 am - 11:00 am
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