405/486 Victoria Street, Richmond, Vic 3121

$550,000 to $600,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, September 15, 2026 ( See property details for 405/486 Victoria Street, Richmond, Vic 3121)

$550,000 to $600,000

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

Stylish two-bedroom apartment in a sought-after Richmond location offering modern living and excellent amenities.

🏡 Property Highlights

  • Prime city-fringe location with easy access to public transport and amenities
  • Generous 68m² open-plan living area with private balcony
  • Modern kitchen featuring Bosch dishwasher and gas cooktop
  • Secure single car space included
  • Two bedrooms with built-in robes and a dedicated study nook
  • Split-system air conditioning for year-round comfort

✨ Key Features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Secure Parking
  • Split-System Air Conditioning
  • Water tank
  • Separate Laundry
  • Pet-Friendly
  • Floorboards

Richmond offers vibrant urban living with a rich mix of shopping, dining, and entertainment options. The area boasts excellent public transport links, including trams and trains, making city access effortless. Residents enjoy proximity to scenic outdoor spaces like the Main Yarra Trail for outdoor activities. The suburb features a diverse community and a lively cultural scene. Its central location provides easy access to Melbourne’s CBD and surrounding suburbs, making it ideal for professionals, downsizers, and investors alike.

What are the key features of this apartment?
This apartment features two bedrooms with built-in robes, a modern kitchen with Bosch dishwasher and gas cooktop, a private balcony, secure parking, split-system air conditioning, and a separate laundry.
Is the apartment suitable for investment purposes?
Yes, with an estimated rental income of $630 per week and its prime location close to shopping, transport, and amenities, this apartment is an excellent investment opportunity.
What amenities are nearby?
The property is within walking distance to Victoria Gardens Shopping Centre, IKEA Richmond, Coles, HOYTS Cinemas, and a variety of cafes and eateries. Public transport options include trams along Victoria Street and Church Street.
Does the apartment have air conditioning?
Yes, the apartment is equipped with split-system air conditioning for year-round comfort.
Is the property pet-friendly?
Yes, the building allows pets, making it suitable for pet owners.
Are there any upcoming strata or owners corporation fee increases planned? Is there any history of flooding or bushfire risk in this area? Are there any restrictions or easements affecting the property? What are the detailed strata or body corporate rules and regulations? Are there any planned developments or construction projects nearby that could impact the property? Has the property been recently renovated or does it require any repairs? Are there any hidden costs associated with the 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 long-term zoning plan for this area?

405/486 Victoria Street, Richmond, Vic 3121 - More Details

$550,000 to $600,000

Wake up to the buzz of Richmond right at your doorstep, where cosmopolitan convenience meets everyday comfort. This is city-fringe living at its most effortless a place to come home to after a day exploring everything the inner east has to offer.

Set within a well-appointed apartment complex, this two-bedroom, one-bathroom residence spans 68m² of smart, functional design. The open-plan kitchen, meals and living area (6.0m x 4.5m) flow out to a generous 6.0m x 2.2m balcony the perfect spot for a morning coffee or evening wind-down. The kitchen comes fitted with a Bosch dishwasher, gas cooktop and ample storage, while the main bedroom (3.0m x 3.2m) offers a built-in robe and easy access to the bathroom, complete with a separate laundry. A second bedroom (3.0m x 3.0m) and a handy study nook round out the layout, and a secure single car space completes the package.

Location is everything here, and this address delivers. Victoria Gardens Shopping Centre, IKEA Richmond, Coles, HOYTS Cinemas and a strip of cafés and eateries are all within easy walking distance, while the Main Yarra Trail offers a scenic escape for walking, running or cycling right along the river. Trams along Victoria Street and Church Street put the CBD, Bridge Road and Swan Street within easy reach, and the area's excellent access to freeways, public transport and lifestyle amenities makes it a firm favourite for professionals, downsizers and investors alike.

Whether you're after a low-maintenance home base close to it all or a solid addition to your investment portfolio, this apartment ticks the boxes for lock-up-and-leave convenience without compromising on lifestyle.

Key Features
· 2 bedrooms, 1 bathroom, 1 secure car space
· 68m² internal living
· Open-plan kitchen, meals and living area
· Bosch dishwasher and gas cooktop
· 6.0m x 2.2m private balcony
· Built-in study nook
· Split-system air conditioning
· Separate laundry
· Walking distance to Victoria Gardens, IKEA, Coles and HOYTS
· Tram access to CBD and surrounds
· Close to the Main Yarra Trail

Outgoings
· Water: $750 p.a.
· Council Rates: $1,296 p.a.
· Owners Corporation Fees: $4,911 p.a.

Rental Estimate:
· $630 per week
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1

Price guide

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in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 19 Sep 1:15 pm

    Saturday 19 September
    1:15 pm - 1:45 pm
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