FOR SALE
300,000 - 320,000

405B/11-17 Cohen Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Prime Investment Opportunity in Melbourne's Paris End

This one-bedroom unit presents a golden opportunity for savvy investors seeking strong rental potential and long-term growth in a high-demand location. Its well-designed layout maximizes space and functionality, making it an attractive choice for tenants.
This unit is just steps away from iconic theatres such as Her Majesty's Theatre, Comedy Theatre, Princess Theatre, and Regent Theatre. Its close proximity to cinemas, Chinatown, museums, and bustling shopping and dining precincts makes it highly desirable for those seeking a vibrant city lifestyle.
High-Quality Accommodation The property features a welcoming entrance hall leading to an open-plan living and dining area that flows onto a charming Juliet balcony with views of the city. The kitchen boasts a modern design with ample bench space, a breakfast bar, and plenty of storage-perfect for everyday use or entertaining.
The spacious bedroom includes built-in mirrored robes, providing excellent storage solutions, while the luxurious bathroom features a spa bath and a separate shower, creating a relaxing retreat.
Investment Highlights
- Great rental return
- Reverse cycle heating and cooling in both the living area and bedroom for year-round tenant comfort
- Stylish floorboards throughout the property
- Building amenities include an indoor swimming pool and a conference room
Location Advantage With major attractions like the M.C.G., Arts Centre, Federation Square, Crown Casino, Bourke Street Mall, QV Shopping Centre, and the luxury boutiques of Collins Street nearby.
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Property Details for 405b/11-17 Cohen Pl, Melbourne

405b/11-17 Cohen Pl, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Leo Real Estate.

Building Type
Apartment

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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 61,547 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 386 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2217 properties were sold in the past 12 months in Melbourne.

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