FOR SALE
$250,000 - $275,000 | Weston Real Estate

15/20 Bank Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 24m2
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Chic Studio Apartment - inner City

Discover a modernized studio apartment nestled on the mezzanine floor of a historic building in the heart of Melbourne’s CBD. This well-appointed space, spanning approximately 24m², offers a perfect blend of contemporary style and classic charm. Offering a stylish kitchen equipped with stone bench tops, electric hotplate and dishwasher, includes a dedicated study/dining area, bathroom features separate shower, vanity and WC. Other features include split system heating and cooling and is fully furnished with modern decor, ensuring comfort and convenience.
This apartment presents an excellent entry point for investors or first-time buyers, as well as individuals seeking a weekend getaway in the city. Additionally, there is a unique opportunity to acquire the neighboring apartment space, allowing for a customized, chic urban retreat more than double the size. All Offers Considered! Inspect as advertised or by appointment.
Weston Real Estate is a reputable, independent agency that prides itself on delivering exceptional, personalized service to our clients. With over three decades of experience, we have established a strong reputation for honesty, integrity, and open communication. Our dedicated team is committed to providing you with the highest level of expertise and service in both sales and rental management. Whether you are looking to buy, sell, rent, or manage your property, we are here to guide you through the process with professionalism and care. Our extensive knowledge of the Melbourne market ensures that we can provide you with accurate and informed advice.
For a sales or rental appraisal of your property, please don't hesitate to contact the owner, Mike Weston, directly on 0458 000 456. We look forward to the opportunity to serve you.
Property Code: 678
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Property Details for 15/20 Bank Pl, Melbourne

15/20 Bank Pl, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 24m2. The place is currently for sale with Weston Real Estate Melbourne.

Building Type
Apartment
Floor Size
24m2

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,886 properties. Over the last 5 years, Houses in Melbourne have seen a -37.57% decrease in median value, while Units have seen a 0.09% increase. As at 30 September 2024:

  • The median value for Houses in Melbourne is $742,012 while the median value for Units is $459,555.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 307 properties listed for sale, and 271 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 1950 properties were sold in the past 12 months in Melbourne.

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