FOR SALE
$520,000 - $550,000

Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 60m2
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East Facing & Cosy!

Cosy light filled Mezzanine style living in one of Melbourne's most opulent Heritage buildings is available in the form of this east facing apartment suitable for an owner occupier or investor. Located across the road from Southern Cross station and a short stroll to the Melbourne aquarium, the Australian Art Centre, Crown Casino and DFO is one of Melbourne's true land marks.
The apartment offers the discerning buyer the comforts of one-bedroom mezzanine style living with ducted heating and cooling approximately 60sqm in size. Features also include Grand 2.5 metre windows, a void of 4-metre-high ceilings and the building itself offers features such as tessellated tile flooring, wide sweeping staircases, high ornate arches and soaring ceilings. Services offered are pool, spa, sauna, gymnasium, onsite caretaker, piano Bar, restaurant and cafe.
For a private inspection call Richard 0437 250 964.
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Property Details for 433/57 Spencer St, Melbourne

433/57 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 60m2 and floor size of 60m2. The place is currently for sale with Keystone Real Estate .

Building Type
Apartment
Floor Size
60m2
Land Size
60m2

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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 60,845 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 357 properties listed for sale, and 309 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2138 properties were sold in the past 12 months in Melbourne.

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Richard Mindraoui
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Mithra Ghazipour
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Keystone Real Estate
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