229/185-191 Lennox Street, Richmond, VIC 3121
Perfectly positioned investment opportunity in the heart of Richmond
Immaculately presented, this studio-style apartment in a low-rise, boutique block is perfectly located on one of Richmond's most well-known streets. Situated only moments from Bridge Road, Epworth Hospital and a plethora of boutique stores, cafes and restaurants. Bridge Road trams provide convenient access to sporting venues and the Melbourne city centre.
Part of the 4.5-star Adara Richmond serviced apartment complex, this value-packed property is an investment dream. Currently in it's 2nd term, this property offers 3 further terms of five years (this current term ends November 2025) and provides excellent returns and increases. The property is currently achieving a rental return of $18,310.20 per annum, with 4% rental increases per annum.
This light-filled, fully furnished studio apartment features a modern kitchenette with dishwasher and cooktop, dining area, bedroom with built-in-robe, and private balcony with outdoor seating area and elevated views. Other features include a sparkling bathroom, air conditioning and laundry facilities. Guests enjoy complimentary access to the complex fitness centre.
If you are looking for a set and forget investment property in the heart of Richmond, don't let this rare opportunity pass by.
Contact Silvana Di Camillo to arrange a private inspection or for further information on (03) 9816 4722.
METHOD OF SALE
229/185-191 Lennox Street
Richmond VIC 3121
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