8 Theresa Street, Richmond VIC 3121

small detached house | 87m² lot | Richmond inner-urban | bedroom count unconfirmed | compact house form This is a genuinely rare inner-urban product: a detached house on a very small lot in a high-demand suburb where most comparable stock is terrace or apartment. The house form itself is competitively strong for buyers who want ground-level private space and a small footprint without strata constraints. It sits naturally within Richmond’s dense, walkable fabric and is best suited to owner-occupiers seeking low-maintenance city proximity or investors targeting professional tenants who value house over apartment. The lot size, while tight, is consistent with the suburb’s fine-grain character and may appeal to those who prioritise location over land area. What may materially affect value is the unresolved bedroom count—whether it is configured as two or three bedrooms could shift its buyer pool and price ceiling. The lack of verified building age and finishes means the condition and renovation depth are unknowns that may influence how the property compares to similar small houses nearby. A buyer should weigh whether the compact layout and land size justify the price relative to other house-form options in the area, and whether the uncertainty around configuration introduces negotiation room or limits future resale appeal.