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24 Kent Street, Richmond, VIC 3121

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24 Kent Street, Richmond, VIC 3121

Richmond

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24 Kent Street, Richmond, VIC 3121

24 Kent Street, Richmond, VIC 3121

Properties / Sold / Victoria / Richmond
Development Approved
Property Type
Residential
Sub Type
Townhouse Sites, Land Site
Land Area
342 m² (*approx)
Selling Method
For Sale: $1,980,000 - $2,150,000
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Dual-Income Gem with Development Upside in Richmond

Expressions Of Interest Closing Saturday 14th June at 5:00pm (Unless Sold Prior)

Set in one of Richmond’s most connected and tightly held pockets, this rare 342 sqm (approx.) dual-access allotment offers income, upside and unmatched flexibility. Whether you’re a developer, investor, or owner-occupier, this is an opportunity to secure a strategic inner-city holding with multiple value pathways.

At the front of the block sits a charming three-bedroom Victorian-style residence leased at $795 per week, providing immediate cashflow and the potential for future renovation. At the rear, and recently leased at $300 per week, a separate 127 sqm (approx.) parcel (with street access via Little Kent Street) comes with a planning permit approved for two modern, architecturally designed townhouses: one 3-bedroom and one 2-bedroom, each with garages and north-facing outdoor spaces.

Surrounded by quality new builds and lifestyle amenity, this site is only moments to Bridge Road, Swan Street, Victoria Gardens Shopping Centre, Citizens Park, trams, trains and the CBD. With booming demand for turnkey homes and limited new supply, this is a rare find that blends short-term returns with long-term growth.

Key Highlights:

• Total land: 342sqm (approx.)

• Front home leased: $795pw

• Permit-approved rear development for 2 x townhomes

• Dual frontage via Kent Street & Little Kent Street

• Walk to cafes, shops, transport & the MCG

Build, lease, live or landbank – this is Richmond versatility at its best.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

24 Kent Street Development Site Summary

Property Type
Residential
Sub-type
Townhouse Sites, Land Site
Land Area
342 m² (*approx)
Selling method
For Sale: $1,980,000 - $2,150,000

Development Site Highlights

Dual-Income Gem with Development Upside in Richmond

Expressions Of Interest Closing Saturday 14th June at 5:00pm (Unless Sold Prior)

Set in one of Richmond’s most connected and tightly held pockets, this rare 342 sqm (approx.) dual-access allotment offers income, upside and unmatched flexibility. Whether you’re a developer, investor, or owner-occupier, this is an opportunity to secure a strategic inner-city holding with multiple value pathways.

At the front of the block sits a charming three-bedroom Victorian-style residence leased at $795 per week, providing immediate cashflow and the potential for future renovation. At the rear, and recently leased at $300 per week, a separate 127 sqm (approx.) parcel (with street access via Little Kent Street) comes with a planning permit approved for two modern, architecturally designed townhouses: one 3-bedroom and one 2-bedroom, each with garages and north-facing outdoor spaces.

Surrounded by quality new builds and lifestyle amenity, this site is only moments to Bridge Road, Swan Street, Victoria Gardens Shopping Centre, Citizens Park, trams, trains and the CBD. With booming demand for turnkey homes and limited new supply, this is a rare find that blends short-term returns with long-term growth.

Key Highlights:

• Total land: 342sqm (approx.)

• Front home leased: $795pw

• Permit-approved rear development for 2 x townhomes

• Dual frontage via Kent Street & Little Kent Street

• Walk to cafes, shops, transport & the MCG

Build, lease, live or landbank – this is Richmond versatility at its best.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Property Location of 24 Kent Street, Richmond, VIC 3121

Property Map

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Site Report Available

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Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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