14/1 Flagstaff Lane, West Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 1957. The property has a land size of 270m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
EXPRESSIONS OF INTEREST - CLOSING FRIDAY 31 MAY, 2019 UNLESS SOLD PRIOR.
On the CBD fringe with a tranquil park-side location, this grand-scale residence, within the old Western Star Butter Factory, is an elegant inner-city sanctuary with all modern comforts. Abundant natural light and views over St James Old Cathedral to Flagstaff Gardens and the Melbourne CBD, this exceptional property is within easy walking distance of the CBD, Queen Victoria Market, Errol Street cafes, trams, trains and with easy access to City Link and the airport. Crowned by an expansive entertainers rooftop terrace with stunning CBD views, the versatile floor plan incorporates a strikingly high-ceilinged living/dining area flowing onto a full-width entertaining deck; a spectacular gourmet kitchen with Miele appliances, quartz stone bench tops and breakfast bar; a king-sized master bedroom; a large additional bedroom; a generous home office/third bedroom; two superbly fitted bathrooms (Rogerseller and Geberit fittings) and a separate laundry, adjacent to the rooftop terrace, with built-in bar fridge and freezer. Including a private, undercover, two-car garage, a third parking space, under-house storage, polished timber floors, custom cabinetry with excellent storage throughout, hydronic heating, split-system air conditioning, video intercom, alarm system and ducted vacuum. Within the University High School zone, neighbouring the Haileybury City Campus and close to the Hospital & Biomedical precinct, Universities and Law Courts. With everything at your fingertips, this is inner-city living at its best!
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2011 was 3,743 people. By 2016 the population was 5,511 showing a population growth of 47.2% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation. In 2011, 38.9% of the homes in West Melbourne were owner-occupied compared with 34.5% in 2016.
West Melbourne has 7,489 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.86% decrease in median value, while Units have seen a -13.07% decrease. As at 31 October 2024:
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