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Sold on 15 Nov 2024 - Price Unavailable

1104/618 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 31m2
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MICM Real Estate
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Property Details for 1104/618 Lonsdale St, Melbourne

1104/618 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2016. The property has a floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
31m2
Local Government
Melbourne
Lot/Plan
1104/PS721616

Last Listing description (November 2024)

* Photo has been virtual staged.

From the streamlined layout to the stylish simplicity, this affordable 1 bedroom apartment makes a favourable first impression in the heart of the city. Head downstairs and the superbly central address is moments from Southern Cross trains, free city trams, Queen Victoria Market, Flagstaff Gardens, laneway cafes, shopping options and a wide range of universities.

Thoughtfully designed on the 11th floor of the resort-grade Melbourne One complex, a stone-topped kitchen boasts a gas cooktop, integrated microwave and a Fisher and Paykel dish-drawer. Spacious open-plan living and dining makes way for the alfresco allure of a sheltered balcony. The generously sized bedroom is serviced by mirrored built-in robes and a fully tiled bathroom with stone detailing. Offered for sale with an option to purchase the furniture on display, hit the ground running with a Westinghouse fridge, a combination washer/dryer, a Queen-sized bed, bedside tables, a Samsung TV, sofa and a coffee table.

Take advantage of a Euro-style laundry, ducted heating and cooling, double glazing, slimline Venetian blinds and video intercom entry. Melbourne One is renowned for luxury-led amenities including a welcoming concierge, plush foyer and exclusive access to an indoor heated pool, a well-equipped gym and a BBQ terrace. Owner-occupiers and savvy investors will appreciate the value!

Outgoings:
Council Rates: $177.87 per quarter approx.
Water Rates: $169.75 per quarter approx.
Owners Corporation Fees: $932.99 per quarter approx.

Potential gross rental yield of approximately 8% (based on an expected rent of $550 per week & a sale price of $358,000)

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

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Property History for 1104/618 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
15 Nov 2024
Listed for Rent
$480/w
20 May 2023
  • 15 Nov 2024
    Sold
  • 07 Jun 2024
    Listed for Sale Not Disclosed
  • 24 Apr 2023
    Listed for Rent $480 / week
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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 60,836 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 329 properties listed for sale, and 286 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2129 properties were sold in the past 12 months in Melbourne.

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