OFF MARKET

2306/639 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 69m2
Land area: 8803m2
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Last updated 16 Sep 2024
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Property Details for 2306/639 Lonsdale St, Melbourne

2306/639 Lonsdale St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 8803m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2014
Floor Size
69m2
Land Size
8803m2
Local Government
Melbourne
Lot/Plan
2306L/PS633275

Last Listing description (January 2024)

* Please book your inspections in advance. Otherwise, it may be cancelled unannounced.
* Photo identification will be required upon entering.
*******************************************************************

This spectacular two-bedroom, two-bathroom ultra-stylish CORNER apartment is within the sought-after MADISON building in the Upper West Side Towers.

- This exceptional home consists of a modern kitchen, which flows into the well-appointed living zone that opens up to the large balcony presenting stunning views of the city.
- The well-designed kitchen comes with stainless steel appliances, dishwasher, and plenty of storage options.
- Complementing the living area are two well-proportioned bedrooms, both with built-in-robes, whist the master comes with a modern ensuite.
- Other features include the stylish bathroom with European laundry, reverse cycle heating and cooling.

Residents also enjoy access to the outstanding range of facilities including a heated indoor pool, spa, sauna, gym, rock climbing, outdoor garden BBQ, and function room.

Surrounded by restaurants, cafes, entertainment and world class shopping, this fantastic CBD home is conveniently located only moments from numerous public transport options, and definitely a great place you would call it HOME.

Total size approx 75 sqm, this exceptional home is ideal for both first home buyers and smart investors!

Outgoings Approx. (Annual):
Council: $1,150
Water: $600
OC: $3,800

Currently tenanted at $2,521.00 per month, $30,252 per year.

BUY this CASH COW and earn up to 11.75% annual return for financed transactions!

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Property History for 2306/639 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$492,000
26 Dec 2022
Listed for Rent
$580/w
27 Jun 2022
  • 26 Dec 2022
    Sold for $492,000
  • 09 Jun 2022
    Listed for Rent $580 / week
  • 24 Feb 2022
    Listed for Sale $500,000 - $520,000
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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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