1515/480-490 Collins StreetMelbourne VIC 3000
Property Details for 1515/480-490 Collins St, Melbourne
1515/480-490 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 1400m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (May 2024)
Discover an exceptional city investment opportunity in the heart of Melbourne CBD, surrounded by Melbourne's finest architecture and buildings. This recently refurbished studio apartment features a well-presented, light-filled space with a spacious living area, stone-topped kitchen bench, induction cooktop, built-in desk, stylish bathroom, and a generous balcony.
Amenities in the building include a gymnasium, conference center, business center, boardroom, and a convenient food court on the ground floor.
The unit is thoughtfully designed to maximize space and natural light, creating a warm and inviting atmosphere.
Situated in a highly sought-after location, the property is perfect for those who appreciate the convenience of city living. With numerous cafes, restaurants, shopping centers, and entertainment options at your doorstep.
Whether you're looking for an investment opportunity or your own urban sanctuary, this property offers excellent value for money.
Don't miss out on this fantastic opportunity to own a piece of Melbourne's vibrant city lifestyle. Feel free to take a 3D tour or contact Jennifer Ward 0400 562 644 to arrange an inspection.
Property History for 1515/480-490 Collins St, Melbourne, VIC 3000
- 27 Mar 2024Sold for $225,000
- 13 Feb 2024Listed for Sale UNDER CONTRACT
- 10 Jan 2022Sold for $197,500
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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 61,354 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.
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