For Sale

318 Burnley Street, Richmond, Vic 3121

$1,388,888 to $1,488,888

House

Type

Bedrooms

Bathrooms

Parkings

Published on Monday, September 28, 2026 ( See property details for 318 Burnley Street, Richmond, Vic 3121)

$1,388,888 to $1,488,888

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Raaym Wasim Real Estate Advisor

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Wasim Shahzad Director of Sales

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AI Property Insight

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

A spacious family home in the heart of Richmond with approved plans for two townhouses, offering exceptional lifestyle and investment potential.

🏡 Property Highlights

Exceptional location between Bridge Road and Swan Street in Richmond
Approved plans and permits for two townhouses
Generous 305m² allotment with potential for redevelopment
Close to river trails, shopping, dining, and transport options
Flexible property with up to six bedrooms and two living areas
Ideal for large families or investors seeking future growth

✨ Key Features

Open-Plan Living
Built-in Robes
Off-street Parking
Close to Transport
Renovation Potential
Development Approval
Family-Friendly Layout
High-Growth Location
Multiple Living Areas
Future Development Potential

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318 Burnley Street

Richmond, VIC 3121

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Suburb and Property Insights of Richmond, VIC 3121

Richmond is a vibrant inner-city suburb renowned for its dynamic lifestyle, excellent transport links, and diverse dining options. It offers scenic river trails, high-growth potential, and easy access to Melbourne’s CBD. The area is perfect for families and investors seeking a lively community with future development prospects. Key amenities include shopping centres, schools, and public transport, making it an ideal location for a convenient and thriving lifestyle.

Frequently Asked Questions

What are the future development possibilities for this property?

The property has approved plans and permits for two townhouses, offering significant redevelopment potential subject to council approval.

Is the property suitable for large families?

Yes, the home offers up to six bedrooms and two living areas, making it ideal for large families or multi-generational living.

What amenities are nearby?

The property is close to river trails, Victoria Gardens Shopping Centre, dining precincts, Burnley Station, and local schools, providing excellent lifestyle convenience.

Can I access additional parking permits?

Off-street parking is available for one vehicle, with additional council permits obtainable for more parking options.

What is the zoning for this property?

The property is zoned General Residential (GRZ4), suitable for renovation or redevelopment under current planning regulations.

What to ask about this property to agent?

Are there any restrictions or conditions attached to the approved plans and permits for the townhouses? Are there any known issues with the property's structure or services that could affect renovation plans? What are the potential costs involved in redevelopment or renovation beyond the purchase price? Are there any upcoming zoning changes or council developments 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 easements, covenants, or restrictions on the property that could limit redevelopment? What are the strata or community title considerations, if applicable? Are there any planned infrastructure projects or construction nearby that could cause disruption? What are the noise levels and neighbour considerations in this area? Are there any ongoing or upcoming planning applications affecting this property or its surrounds?

318 Burnley Street, Richmond, Vic 3121 - More Details

$1,388,888 to $1,488,888

Superbly positioned between Bridge Road and Swan Street in the heart of Richmond, this exceptionally spacious family home presents an outstanding opportunity to secure a versatile property in one of Melbourne's most vibrant inner-city locales. Just steps from scenic river trails, Victoria Gardens Shopping Centre, and a range of dining and transport options, the location delivers both lifestyle appeal and future potential.

Set on a generous 305m² allotment (approx. 10.4m x 29.3m) with General Residential Zoning (GRZ4), the home currently offers up to six bedrooms, two separate living areas, a central kitchen and bathroom, and off-street parking for one vehicle (with additional council permits available). Ideal for large families or savvy investors, the home is well-suited to both immediate occupation and future renovation or redevelopment.

Adding further appeal, the property comes with approved plans and permits for two generously proportioned townhouses (available on request), making this a rare chance to capitalise in a tightly held, high-growth location. Moments from Burnley Station, Richmond High School, Melbourne Girls' College and Trinity Catholic Primary, this is an unmissable opportunity to secure space, lifestyle, and future potential in one of Melbourne's most dynamic suburbs.

Type: House
Bedrooms: 5
Bathrooms: 1
Parkings: 1

Price guide

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Map & nearby places — 318 Burnley Street, Richmond, Vic 3121

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318 Burnley Street, Richmond, Vic 3121

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