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Overview
Situated on the top floor of the Estelle building, this north-facing apartment enjoys an abundance of natural light streaming through both the lounge and bedroom, creating a welcoming and bright living environment. The thoughtful floorplan facilitates easy flow from the entry hallway through to the living spaces and bedrooms, linked by an open-plan kitchen that is fitted with high-quality appliances, enhancing practical everyday living.
The residence provides spacious bedrooms capable of accommodating queen-sized beds and includes mirrored built-in robes, offering ample storage solutions. The bathroom is fresh and impeccably maintained, complemented by an integrated European laundry discreetly located behind the bathroom door. Comfort is assured year-round with a Daikin reverse cycle air conditioner installed in the lounge area.
A standout feature is the expansive balcony, perfect for outdoor relaxation or entertaining guests with BBQs, where privacy is assured due to no adjacent units overlooking this space. The convenience and security of a basement car parking space with remote access, employing a smooth 2-tier parking system, add significant value to the lifestyle this property offers.
Located in a vibrant area known for its harmonious lifestyle appeal, the apartment caters well to young families looking for a budget-friendly yet quality home, as well as investors attracted by the strong rental yield exceeding 7%, reinforcing its status as a sound investment opportunity.
Local Market Insights
In Richmond, Quiet Listings observed 36 new apartments entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $632,556. The property type mix of listed properties is predominantly Apartments at 46%, followed by houses (27%), and commercial properties (19%). Amity Property Group was the most active agency in this area, representing 22.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Richmond VIC 3121
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 50 m² |
Market Insights for Richmond VIC 3121
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