204/8 Exploration Lane, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 586m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2008.
Positioned on the 2nd floor and quietly tucked away within a secluded CBD laneway, this one-bedroom apartment presents an exciting opportunity for those looking to renovate, refresh and create something of their own. The property offers plenty of scope to transform the existing space and unlock its full potential, with natural light, a fantastic city location and a blank canvas ready for a creative vision. Ideal for renovators, investors or buyers looking to secure a foothold in the heart of Melbourne.- 1 bedroom- 1 bathroom- Living and dining with terrace - Quiet laneway setting- Scope to further personalise and improve- Ideal first home, investment or city base- Currently not in rentable condition - Internal size: 38sqm approx.- Owners corporation fees: $650 per quarter approx.. - Council rates: $348 per quarter approx.- Water Rates: $198 per quarter approx.Enjoy the ultimate in city convenience with Melbourne Central, QV, RMIT University, the State Library and Chinatown all within easy reach. An abundance of cafs, restaurants, retail and entertainment options are right on your doorstep, while multiple tram, train and transport options make getting around Melbourne effortless.It is assumed that fixtures and services are operational; however, no warranty is given. Purchasers are advised to satisfy themselves through their own inspections and enquiries.Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
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 64,751 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:
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