3/10 Waltham Place, Richmond VIC 3121

Historic boot factory conversion | 3 bedrooms, 2 bathrooms, 2 car spaces | Inner Richmond heritage character | Uncommon secure parking in this location This property is competitively rare for Richmond, being a late-19th-century industrial conversion with three bedrooms and two dedicated car spaces in a suburb where parking is often constrained. The heritage shell offers architectural distinction and internal volume not found in standard apartment stock, which tends to appeal most to owner-occupiers seeking character, downsizers wanting low-maintenance living with secure parking, and professionals drawn to an inner-urban setting with strong amenity access. The value of this property may be influenced by its split-level or multi-level configuration within a converted factory, which can limit layout flexibility and appeal for some buyers. The 1870s or 1881 construction date places it in an older building where service upgrades, soundproofing, and ongoing maintenance costs might vary compared to newer builds. The large 747 m² lot is likely shared across the complex, so private outdoor space and strata fees should be carefully weighed when forming a view on price.