212/172 Lennox Street, Richmond VIC 3121

2 bed, 2 bath, 1 car | Richmond Hill | Herbert King complex | quiet northern side | city-fringe lifestyle This apartment’s competitive strength lies in its position within a Herbert King complex on Richmond Hill, a configuration that combines a rare northern aspect with a quiet, elevated setting. For a buyer seeking a low-maintenance city-fringe home, the 66–68 m² floor plan with two bathrooms and a car space is a practical fit, serving owner-occupiers or downsizers well. The property’s appeal is reinforced by its recent 2024 sale, indicating a transparent pricing history and a market that has already validated its value. The primary risk is verifying the apartment’s actual quietness and natural light, as the northern side may still face street noise or overshadowing from adjacent buildings. Owner corporation fees and any recent capital works should be checked, as these can affect holding costs. The opportunity lies in the suburb’s strong rental demand and a 5.3% yield indicator, suggesting the property can perform for an investor if the current rent aligns with market rates. The car space’s type and security are worth confirming to avoid surprises.