OFF MARKET

1316/39 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 33m2
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Last updated 16 Sep 2024
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Property Details for 1316/39 Lonsdale St, Melbourne

1316/39 Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2003. The property has a floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2003
Floor Size
33m2
Local Government
Melbourne
Lot/Plan
1316/PS514600

Last Listing description (March 2024)

Position perfect, an opportunity presents for an astute investor or first home buyer to secure this incredibly affordable two bedroom apartment at the UniLodge complex.

Currently vacant possession, the apartment provides ample opportunity to buy to move in immediately, if you wish to lease this apartment out - expect a rental return circa $500-$520 pw, a generous 10% gross rental return.

The apartment offers a fully fitted kitchen, generous bench and cupboard space, electric cook-top. A tilted splashback adding to a modern Zen.

The spacious open plan, living and dining room connects to an atrium light-well offering natural lighting.
Both bedrooms come with built-in robes and are serviced perfectly by a well-appointed central bathroom; the bathroom comes with brand-new vanity and shower recess to complete.

Quietly nestled on the thirteenth floor, the apartment also offers the following inclusions:
- Central heating and cooling unit
- Resident laundry
- Resident game room
- Intercom system
- Building manager on site

The complex is located close to QV, Carlton and Fitzroy Gardens, minutes from Chinatown precinct, Parliament station and bus routes along Spring St/Lonsdale St.
Vendor says sell! To secure a private inspection, please contact Eamon on 0413 889 388, alternatively email eamon.chau@melcorp.com.au

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Property History for 1316/39 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$220,000
28 Apr 2023
Listed for Rent
$430/w
23 Feb 2014
  • 28 Apr 2023
    Sold for $220,000
  • 31 Mar 2023
    Listed for Sale Under offer
  • 06 Mar 2014
    Sold for $220,000
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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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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