715/480-490 Collins StreetMelbourne VIC 3000
Property Details for 715/480-490 Collins St, Melbourne
715/480-490 Collins St, Melbourne is a 3 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 1413m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (May 2024)
An exceptional city investment opportunity in the heart of Collins St surrounded by some of the best architecture and buildings Melbourne has to offer.
Recently refurbished in 2023 this studio apartment offers a well presented light filled space which includes a good size living area, stone-topped kitchen bench with an induction cooktop, built-in desk, stylish bathroom with a vogue designer flair and a good size balcony.
Currently a serviced apartment with Oak's on Collins and generating $21,857PA with 4 % increases every year provides for a great set and forget investment opportunity. The lease can be ended and vacant possession can be granted after 90 days notice allowing for flexibility when it comes to what you want to do with this studio.
Amenities included with this building:
- Gymnasium and swimming pool
- Conference Centre, Business Centre and a Boardroom
- Restaurant and a Food Court downstairs
A fantastic location within walking distance of Southbank, Crown Casino, and Southern Cross Railway Station as well as everything the Melbourne CBD has to offer.
Inspections by appointment
Property History for 715/480-490 Collins St, Melbourne, VIC 3000
- 26 Apr 2024Sold for $230,000
- 26 Jan 2024Listed for Sale $240,000
- 21 Sep 2022Sold for $180,000
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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 61,307 properties.
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