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22-24 Clifton Street, Richmond, VIC, 3121

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SOLD

22-24 Clifton Street, Richmond, VIC, 3121

Properties / Sold / Victoria / Richmond

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Apartment Sites, House, Other, Subdivision

Land Area

700 m² (*approx)

Selling Method

EOI: Close 17th September ($6,900,000)

EOI Closing Date

17 Sep 2024 12:00AM

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2. Property Highlights

Rare Opportunity on Richmond Hill

Commanding spectacular uninterrupted city views and enjoying a sought-after Richmond Hill location, this impeccably presented block of 13 one- and two- bedroom apartments represents a rewarding addition to any investment portfolio or as an exceptionally rare opportunity to build a new luxury home or boutique development (STCA).

All currently tenanted, the five one-bedroom and eight two-bedroom apartments provide an excellent income stream with low outgoings. Alternatively, the 700sqm approx. site advantaged by a second frontage on Dando Street offers scope for subdivision. Situated in one of the area’s most prestigious tree-lined streets, it is also the perfect location to construct a luxurious new boutique development that fully capitalizes on the spectacular views.

Idyllically situated just a short walk to Swan and Church Street’s renowned restaurant precincts, the MCG, Richmond station, trams and the CBD, this is a once in a lifetime opportunity

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