FOR SALE
$235,000

806/238 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 33m2
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Your opportunity to own your first home investment or a great addition to your investment portfolio!

Currently secured with a lease and a tenant who wishes to stay, meaning you have a guaranteed return on investment with no vacancy concerns.
Prime Location:
• Directly opposite Flinders Railway Station
• Doorstep access to tram and bus stops
• Walking distance to Melbourne's finest offerings: shops, malls, restaurants, Yarra River promenade, Botanical Gardens, museum, sports and entertainment centers
Property Features:
• Situated on the 8th floor of Clements House
• Open-plan lounge and dining area, flooded with natural light from big windows
• Enjoy stunning views
• The current open bedroom area can be easily converted into a separate bedroom with built-ins
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Property Details for 806/238 Flinders St, Melbourne

806/238 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 33m2. The place is currently for sale with Melcorp Property.

Building Type
Apartment
Floor Size
33m2

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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 61,353 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 303 properties listed for sale, and 248 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2066 properties were sold in the past 12 months in Melbourne.

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Precy Peet
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Melcorp Property
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