71 Somerset Street, Richmond, Vic 3121

$1.15m-$1.25m

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
182 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 71 Somerset Street, Richmond, Vic 3121)

$1.15m-$1.25m

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

A charming Victorian freestanding residence in Richmond offering classic appeal, versatile living spaces, and exciting redevelopment potential (STCA).

🏡 Property Highlights

  • Classic Victorian street appeal with inviting interiors
  • North-facing 182sqm block with rear laneway access
  • Potential to renovate, extend, or redevelop (STCA)
  • Bright, sunlit interiors with high ceilings and elegant archways
  • Expansive brick-paved courtyard garden with mature trees
  • Large rear garage/workshop with laneway access

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Ceiling Fans
  • Heating (Ducted/Split)
  • Fly Screens

Richmond is a vibrant inner-city suburb renowned for its historic charm, diverse dining options, and excellent transport links. Key points include: proximity to parks and river trails, a lively café and boutique shopping scene, easy access to CBD via tram and train, a strong community atmosphere, and a mix of heritage-listed and modern residences offering a dynamic lifestyle.

What is the potential for future development or renovation on this property?
The property offers scope to renovate, extend, or redevelop (STCA), given its wide, tree-lined street and no heritage overlay.
What are the key features that make this home suitable for year-round comfort?
Multiple split-system heating and cooling units ensure comfort throughout all seasons.
How accessible is the property to local amenities and transport?
The property is conveniently located near parks, schools, shopping centres, and offers easy access to trams and North Richmond Station for CBD connectivity.
What outdoor spaces does the property include?
The property features an expansive brick-paved courtyard garden with mature avocado and passionfruit vines, perfect for outdoor entertaining.
Is there off-street parking available?
Yes, the large rear garage/workshop with laneway access provides valuable off-street parking and storage options.
Are there any planning restrictions or zoning regulations that could affect future renovations or redevelopment? Are there any known issues with the property's structure, fixtures, or fittings? What are the potential costs associated with upgrading or extending the home? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment? What are the strata or body corporate considerations, if applicable? Are there any easements or land restrictions affecting the property? What are the ongoing maintenance costs for the property and garden? Is the property compliant with all local building codes and regulations? Are there any noise or neighbour-related issues in the vicinity?

71 Somerset Street, Richmond, Vic 3121 - More Details

$1.15m-$1.25m

Showcasing classic Victorian street appeal and inviting interiors, this charming freestanding single-front residence occupies a north-facing 182sqm (approx.) block with valuable rear laneway access. Comfortable as is yet full of potential, with no heritage overlay, it offers an exciting opportunity to renovate, extend, or redevelop (STCA) on a wide, tree-lined street in one of Richmond’s most sought-after pockets.

- Sundrenched, 182sqm (approx.) north-facing allotment, presenting an exceptional opportunity to secure a well-positioned home with space, flexibility and exciting future potential.
- Welcoming entrance hallway with high ceilings and elegant archways, creating a striking first impression and a wonderful sense of openness through the home.
- Two light-filled front bedrooms, peacefully positioned and enjoying excellent natural light.
- Spacious central living room centred around a classic fireplace, offering a comfortable and inviting space to relax or unwind.
- Versatile dining room or potential third bedroom, providing flexibility for entertaining, working from home or additional accommodation.
- Bright kitchen with island bench, ample cabinetry and generous preparation space, flowing seamlessly to the outdoor entertaining area.
- Central skylit bathroom featuring excellent natural light, dual vanity storage and integrated laundry facilities.
- Multiple split-system heating and cooling units ensuring year-round comfort throughout the home.
- Expansive brick-paved courtyard garden, creating a private outdoor setting complete with avocado tree and passionfruit vine.
- Large rear garage/workshop with laneway access, providing valuable off-street parking, storage or future flexibility.
- Rear laneway access via Little Kent Street and with NO heritage overlay offering scope to renovate, extend or redevelop (STCA).
- Estimated rental return of $900 – $950 per week approx. (Up to $49,400pa)

Location positioned in a peaceful wide, tree-lined street just moments from Citizens Park and Yarra Primary School, this address also offers easy access to Victoria Gardens Shopping Centre for everyday convenience. Enjoy the vibrant cafés, restaurants and boutique shopping along Bridge Road, Church Street and Victoria Street, while trams and North Richmond Station provide effortless access to the CBD. With Gleadell Street Market, parklands and the Yarra River trails all nearby, this location delivers an exceptional inner-city lifestyle.

This sale is in conjunction with
Andrew Date
Industry Insider Property
industryinsider.com.au
Level 3, 489 Toorak Road, Toorak 3142.
+613 8374 7652

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

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
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
182 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

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