FOR SALE
$450,000 - $495,000

806/394 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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An Impressive Heritage Building with Contemporary Allure

Located in a landmark building of exceptional historical significance, every aspect of this single-bedroom domain has been carefully considered to provide the finest in lifestyle comfort and inner-city allure. Built in 1876 as The Bank of Australasia, it has been reconceieved in a contemporary context as a residential sanctuary, blending old-world style and modern amenity with undeniable success.
From this exclusive position - with public transport at the doorstep - every conceivable amenity presents itself for immediate enjoyment. The restaurants, bars, cafes, and boutique outlets which constitute the cultural fabric of one of the world's most livable cities are all around, making this a turnkey opportunity of exceptional significance.
Alluring from a homeownership perspective and equally appealing from an investment point-of-view, this versatile and dynamic property has something for everyone.
The open-concept design boasts excellent natural light and generous proportions - perfect for home entertainment. The well-appointed kitchen comes with ample storage and European appliances. Features include an east-facing orientation, integrated heating & cooling, large bedroom, guest lounge, gymnasium, and Treasury restaurant & bar.
● Premium amenity
● Turnkey opportunity
● Own or invest
● East-facing entertaining
● Heating & cooling
● European appliances
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Property Details for 806/394 Collins St, Melbourne

806/394 Collins St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with First National Burwood.

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 60,844 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 351 properties listed for sale, and 299 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2141 properties were sold in the past 12 months in Melbourne.

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Peter Cheng
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Vinay Khosla
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First National Burwood
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