1402/565 Flinders Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$310,000 - $340,000

1402/565 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Vibrant City Living with Uninterrupted Yarra River Views

A truly unique one-bedroom apartment with spectacular water views and your very own street art mural.
Positioned to capture uninterrupted views across the Yarra River and Melbourne's city skyline, this stylish one-bedroom apartment offers an enviable inner-city lifestyle in a location that places you moments from everything Melbourne has to offer.
The open-plan living and dining area is framed by expansive windows, allowing the ever-changing city and river outlook to take centre stage. Adding an unmistakable point of difference is the apartment's spectacular feature street-art mural, stretching across the living room wall.
The well-appointed apartment offers comfortable contemporary living, with a generous bedroom area, built-in robes, modern kitchen and bathroom, and plenty of natural light throughout.
Perfectly positioned just minutes from Southern Cross Station, and a tram stop directly outside, the apartment provides effortless access to public transport, the CBD, shopping, dining, entertainment and the Yarra River precinct.
Currently leased until March 2027 at $580 per week, the apartment offers an attractive investment opportunity with secure rental income already in place. The current rental income represents an approximate 8.9%–9.7% gross rental yield.
With its exceptional outlook, unique street art mural and unbeatable city location, this is more than an apartment - it's a lifestyle.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 1402/565 Flinders St, Melbourne

1402/565 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Areal Property - Hawthorn.

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Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,780 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 285 properties listed for sale, and 291 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2360 properties were sold in the past 12 months in Melbourne.

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