OFF MARKET

4B/237-239 Flinders Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
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Last updated 16 Sep 2024
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Property Details for 4b/237-239 Flinders Lane, Melbourne

4b/237-239 Flinders Lane, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1940
Floor Size
77m2
Local Government
Melbourne
Lot/Plan
4B/PS326134

Last Listing description (January 2023)

Nestled within the iconic "Ashdowne House" (circa 1940), with only 14 apartments within the building, this is an opportunity not to be missed! This property is literally located at the door to the new Town Hall Train Station.

Flinders Lane is renowned for its quirky laneways, fine eateries, and sensational shopping. This is the Melbourne that our tourists come in search of. Only metres from trams on Swanston Street and literally across the road from the new, soon to be opened Town Hall Train Station, you simply cannot find a better location.

On entering the apartment, you will pass a raised breakfast area perfect for that morning coffee and paper reading session. You then pass through an open plan living / dining area to the kitchen. The kitchen is practical in its layout but modest in appearance. A full sized under bench dishwasher and gas cooktop will help simplify your new inner-city lifestyle.

Passing the kitchen, you come to the first, smaller bedroom, with an openable window and a built-in robe it is perfectly suited as bedroom, guest room or study. Next comes the bathroom, again practical in its layout. At the end of our journey, we enter the larger of the two bedrooms, again with a built-in robe.

Other features include security intercom entrance, split system heating / cooling, double glazing, and parquetry timber floors throughout.

The property is currently vacant but would generate a healthy return if offered for either short or long-term rental. If you are buying for investment, please ask us for a rental appraisal.

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Property History for 4b/237-239 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$514,999
11 Jan 2023
Listed for Rent
30 Nov 2021
  • 11 Jan 2023
    Sold for $514,999
  • 22 Sep 2022
    Listed for Sale Under Contract
  • 12 Jul 2021
    Listed for Rent $395 / 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 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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