For Sale

51 Lord Street, Richmond, Vic 3121

THE DEAL: $1.795M - $1.97M

House

Type

Bedrooms

Bathrooms

Parkings

293 m²

Area

Published on Friday, September 18, 2026 ( See property details for 51 Lord Street, Richmond, Vic 3121)

THE DEAL: $1.795M - $1.97M

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Jordan Mahch Advisor & Negotiator

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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 rare development opportunity in the heart of Richmond featuring a versatile 4-bedroom residence on a spacious 293sqm block with excellent potential for future townhouses.

🏡 Property Highlights

Rare 293sqm landholding with 15m frontage in Richmond
Potential for two premium townhouses (STCA)
Prime location just off Bridge Road with vibrant cafes and retail
Well-serviced by public transport and close to Dame Nellie Melba Memorial Park
Zoned GRZ2 with no Heritage Overlay, offering development flexibility
Existing double-fronted residence with 4 bedrooms and central heating/cooling

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area
Garage / Secure Parking
Air Conditioning
Water tank
Heating (Ducted/Split)
Laundry
Security Screens / Gates
Fully fenced

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51 Lord 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 eclectic mix of cafes, restaurants, and retail outlets. It offers excellent public transport links, proximity to the CBD, and abundant parklands such as Dame Nellie Melba Memorial Park. The area is highly sought after for its dynamic lifestyle, diverse community, and development potential. Its well-established infrastructure and lively atmosphere make it an ideal location for both living and investment. Richmond continues to attract buyers seeking a blend of urban convenience and future growth prospects.

Frequently Asked Questions

What are the future development possibilities for this property?

The property’s GRZ2 zoning and absence of Heritage Overlay allow for potential development of two townhouses (STCA), offering significant future growth opportunities.

Is the existing residence suitable for living while planning development?

Yes, the current double-fronted residence with four bedrooms, kitchen, bathroom, and central heating/cooling provides comfortable living options during planning and development phases.

What amenities and transport options are nearby?

The property is just off Bridge Road, close to cafes, retail, and public transport, with Dame Nellie Melba Memorial Park nearby and easy access to Melbourne CBD.

Are there any heritage restrictions or overlays on the property?

No, the property is not subject to a Heritage Overlay, providing greater flexibility for future development.

What are the dimensions of the land and how does it benefit development?

The land measures approximately 15m x 19.5m, offering a generous and flexible footprint ideal for future townhouse development or other projects.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could affect future development plans? Have any recent inspections revealed structural issues or defects with the existing residence? Are there any easements, covenants, or encumbrances on the property that could impact development? What are the council requirements and approvals needed for building two townhouses? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or infrastructure projects nearby that could affect the property’s value or development potential? What are the costs associated with connecting or upgrading utilities for future development? Are there any strata or community title considerations if subdividing or developing the land? Has the property been surveyed recently to confirm boundaries and dimensions? Are there any restrictions or conditions related to the existing residence that could impact renovation or redevelopment?

51 Lord Street, Richmond, Vic 3121 - More Details

THE DEAL: $1.795M - $1.97M

THE DEAL
A rare Richmond landholding where scale, zoning and position converge, this approx. 293sqm site with an impressive 15m frontage presents an exceptional opportunity to unlock a premium development outcome.

On a wide allotment in the heart of bustling Richmond, this prized low-traffic address sits just off Bridge Road and within a stroll of an outstanding selection of restaurants, cafes and retail attractions. Well serviced by public transport and moments from Dame Nellie Melba Memorial Park, the CBD is just minutes away for effortless commuting and easy nights out.

The property’s GRZ2 zoning and absence of a Heritage Overlay create an enviable platform to explore a range of future possibilities, including the potential for two premium townhouses (STCA).

The existing double-fronted residence offers four bedrooms, kitchen and meals area, bathroom, laundry and central heating/cooling, while a side driveway provides off-street parking for two or more vehicles.

With generous 15m x 19.5m approx. dimensions, this is a rare opportunity to secure the scale, flexibility and planning advantages that are increasingly difficult to find in such a tightly held Richmond location.

SEALS THE DEAL
GRZ2. No Heritage Overlay. 15m frontage. 293sqm approx.
A genuine development opportunity in the heart of Richmond, with the land, zoning and position to unlock something exceptional.

Type: House
Bedrooms: 4
Bathrooms: 1
Parkings: 2
Area: 293 m²

Price guide

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Map & nearby places — 51 Lord Street, Richmond, Vic 3121

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51 Lord Street, Richmond, Vic 3121

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