FOR SALE
$290,000 - $319,000 | Weston Real Estate

84/20 Bank Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 36m2
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Your Perfect Getaway Awaits in the Heart of the City!

Discover the ideal retreat, investment opportunity, or first home at this well-designed apartment nestled in one of Melbourne's most desirable CBD locations.
Once known as Whitehall Chambers, this boutique block effortlessly combines historical charm with modern living.
Property Features:
Fully Furnished including all white goods: Step into a beautifully appointed apartment, ready for you to move in.
Spacious One Bedroom: Enjoy a peaceful sanctuary with ample natural light and high ceilings.
Galley-Style Kitchen: Functional and stylish, perfect for whipping up your favorite meals.
Ensuite Bathroom: Equipped with contemporary fixtures for your convenience and comfort.
Location: Immerse yourself in the vibrant energy that Melbourne has to offer. With Bank Place at your doorstep, you’ll be just moments away from bustling cafes, restaurants, shopping, and cultural attractions.
Don’t miss the chance to call this charming residence your own, whether for comfortable living, a savvy investment, or the perfect city escape. The choice is yours!
Projected Rental Income $130PN - $190PN Approx for short term and $400PW - $450PW Approx for long term, minimum 12 months. Inspect as advertised or by appointment.
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Property Details for 84/20 Bank Pl, Melbourne

84/20 Bank Pl, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 36m2. The place is currently for sale with Weston Real Estate Melbourne.

Building Type
Apartment
Floor Size
36m2

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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 61,548 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 382 properties listed for sale, and 334 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2192 properties were sold in the past 12 months in Melbourne.

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