OFF MARKET

506/270 King Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
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Last updated 16 Sep 2024
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Property Details for 506/270 King St, Melbourne

506/270 King St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1974. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1974
Floor Size
60m2
Local Government
Melbourne
Lot/Plan
506/PS438133

Last Listing description (December 2022)

**Under Offer**

This spectacular oversized one-bedroom apartment with high ceilings is not to be missed.

Ideally located in the south-east corner of Flagstaff Gardens, just footsteps away from all the city has to offer, this is the perfect first home or investment or your quintessential city pad.

Apartment Features:
Easterly facing- Abundance of SUN and light
Huge, bright and private
Extremely high ceiling
Large floorplan of 61m2 approx.
Expansive lounge and dining filled with natural light from full-length windows
French glass doors with additional screen doors leading to the balcony
Brooklyn style balcony
Ultra-modern kitchen with granite benchtops and abundance of cupboard space
King sized bedroom with sizeable built-in robes and private bathroom access
Additional access to the bathroom via the living/corridor
bathroom features shower over bathtub (not often seen in one bedroom)
Split system with air conditioning and heating

Building features:
- Swimming pool, spa, gym
- On site building manager
- Security intercom and entrance

Location:
Within Free Tram Zone, Flagstaff Gardens as your backyard, train station, Melbourne Central, Queen Victoria Market, University of Melbourne, RMIT University and all city colleges only moments away, this is the ideal place to enjoy an inner-city lifestyle.

Please feel free to CALL Helen Guo for your private inspection appointment

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Property History for 506/270 King St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$343,000
30 Nov 2021
Listed for Rent
$410/w
04 Aug 2015
  • 30 Nov 2021
    Sold for $343,000
  • 18 Nov 2021
    Listed for Sale Contact Agent
  • 16 Jul 2015
    Listed for Rent $410 / 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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