OFF MARKET

106/201 Powlett Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 656m2
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Property Details for 106/201 Powlett St, East Melbourne

106/201 Powlett St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 656m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2004
Floor Size
68m2
Land Size
656m2
Local Government
Melbourne
Lot/Plan
106M/PS501398

Last Listing description (August 2023)

In Tribeca?s MILNE building, where the appeal of the Victoria Brewery?s conversion is complemented by the exclusivity of an address comprising only 42 apartments, this ideal dual level opportunity makes its quality instantly clear.

Compact yet in no way cramped, offering modern excellence and low-maintenance ease, its stainless steel equipped kitchen/meals area flows to the inviting living/dining space and the balcony beyond.

Above, two double bedrooms sharing a modern central bathroom contribute welcoming accommodation to a design where split system heating/cooling units ensure total comfort and downstairs under-stair storage adds a convenient inclusion for larger items.

A first home of exceptional character, offering city based professionals or empty nesters a stylish, secure city edge base, this is a property that?s further enhanced by the prospect of a 4.6% return from an investment perspective.

Tightly held, high regarded and accompanied by secure basement carspace, residents? gym and rooftop swimming pool, the MILNE offers every East Melbourne advantage moments from the CBD, the MCG, trams routes and Powlett Reserve.

Please don't hesitate to get in touch with Anthony 0409 477 533 or Briana 0412 322 459 today to arrange an inspection!

* PLEASE NOTE - Entry to the MILNE building is via the central courtyard at Tribeca (next to the IGA).

Property Code: 725

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Property History for 106/201 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$620,000
04 Jul 2023
  • 04 Jul 2023
    Sold for $620,000
  • 15 Jun 2023
    Listed for Sale Not Disclosed
  • 13 Apr 2002
    Sold for $426,199

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About East Melbourne 3002

The size of East Melbourne is approximately 1.9 square kilometres. It has 10 parks covering nearly 46% of total area. The population of East Melbourne in 2011 was 4,714 people. By 2016 the population was 4,987 showing a population growth of 5.8% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation. In 2011, 42.8% of the homes in East Melbourne were owner-occupied compared with 43.6% in 2016.

East Melbourne has 5,742 properties. Over the last 5 years, Houses in East Melbourne have seen a 10.08% increase in median value, while Units have seen a -12.96% decrease. As at 31 July 2024:

  • The median value for Houses in East Melbourne is $3,150,999 while the median value for Units is $757,779.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 38 properties listed for sale, and 21 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in East melbourne.

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