13 The Crofts, Richmond VIC 3121

Fully renovated Victorian | 4-bedroom on Richmond Hill | Architect-designed by Ian Lovett | North-facing courtyard | Walk to MCG and Swan Street This is a rare configuration for Richmond Hill: a four-bedroom, three-bathroom Victorian on a 200-square-metre block with a 275-square-metre floor area. The comprehensive renovation by architect Ian Lovett, completed 18 months ago, has introduced heated concrete floors, double glazing with 7.5-star efficiency windows, hydronic heating, and refrigerated cooling—features that lift the property well above the typical period-home standard. The north-facing landscaped courtyard and the expansive living-dining room with an outdoor fireplace lightwell create a genuine indoor-outdoor flow that is uncommon in this heritage precinct. This property serves best a professional couple or family seeking a low-maintenance, high-performance home within walking distance of the MCG, Swan Street, Bridge Road, and two railway stations, with strong rental potential between $1,100 and $1,480 per week. The primary risk is the heritage overlay, which may constrain future external alterations or extensions, though the current renovation appears to have been completed with council approval. The land-to-building ratio is tight—275 square metres of building on 200 square metres of land—leaving limited scope for further expansion. The property sits on a 13-metre ground elevation with a 7-metre roof height, which may affect privacy from neighbouring properties. The opportunity lies in the quality of the renovation: the reclaimed original bricks, engineered steel beams, and meticulous brickwork are unlikely to require major capital expenditure for a decade or more. The NBN Fibre to the Curb connection and 5G coverage support modern working-from-home needs without being a primary value driver. For a buyer who values architectural integrity, energy efficiency, and immediate occupancy in a tightly held location, this property offers a rare combination of space, amenity, and condition.