SOLD
Sold on 15 Jun 2024 for $580,000

1/24 Little Bourke Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 120m2
Land area: 2742m2
Sold By
Inner Real Estate NextRE
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Property Details for 1/24 Little Bourke St, Melbourne

1/24 Little Bourke St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 1884. The property has a land size of 2742m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1884
Floor Size
120m2
Land Size
2742m2
Local Government
Melbourne
Lot/Plan
138/PS318104

Last Listing description (December 2021)

+ Located in a proven 7-day hospitality and lifestyle precinct surrounded by Melbourne's renowned theatres, hotels and finest hospitality venues

+ Offering a flexible 238sqm* area ideally suited for retail, hospitality or office space with prominent exposure along Little Bourke Street


+ Flexible and open floor plate with separate cool room fitted kitchen and private dining room

+ Offered with vacant possession with exclusive signage rights onto Little Bourke Street

+ Immediate proximity to Bourke Street and Spring Street tram stop (200m) and only a moment's walk to Parliament Train Station


For further information please contact the exclusive sales and marketing agents:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au


Approx*

Property History for 1/24 Little Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$580,000
15 Jun 2024
Listed for Rent
$749/w
24 Mar 2020
  • 15 Jun 2024
    Sold for $580,000
  • 06 Jan 2024
    Sold for $140,000
  • 20 Nov 2023
    Sold for $625,000
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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 61,317 properties. Over the last 5 years, Houses in Melbourne have seen a 39.04% increase in median value, while Units have seen a -0.03% decrease. As at 31 July 2024:

  • The median value for Houses in Melbourne is $1,620,620 while the median value for Units is $451,754.
  • Houses have a median rent of $600 while Units have a median rent of $640.
There are currently 287 properties listed for sale, and 270 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2031 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.