3304/38 Rose Lane, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$430,000-$470,000

3304/38 Rose Lane
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Invest, Occupy or Secure a Rare Dual Opportunity

Positioned high on the 33rd floor of the sought-after Midtown Apartments, 3304/38 Rose Lane, Melbourne offers an exceptional opportunity for both investors and future owner-occupiers. This well-designed two-bedroom, one-bathroom apartment features a practical floorplan complete with a dedicated study nook, private balcony, and light-filled living spaces. Currently leased until 19 July 2026 at $2,998 per calendar month, the property provides immediate rental income while securing a premium CBD asset.
Residents enjoy access to outstanding Level 6 amenities including a swimming pool, spa, steam room, fully equipped gymnasium, outdoor garden terrace, and stylish lounge and dining facilities. With no car space included, the apartment is ideally located within walking distance of Southern Cross Station, free tram services, major bus routes, Spencer Outlet Centre, universities, restaurants, and Melbourne's vibrant entertainment precincts.
Adding further appeal, the neighbouring apartment, Unit 3305, is also available for purchase, presenting a rare opportunity to acquire adjoining properties in one of Melbourne's most convenient locations.
Contact Philip Middlemiss from Re-define Real Estate on 0402 840 674 today to arrange your inspection.
If you own a property in this building and would be interested in a rental or sale appraisal, please let us know. There is no cost nor obligation to you.
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Property Details for 3304/38 Rose Lane, Melbourne

3304/38 Rose Lane, Melbourne is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Re-define Real Estate.

Building Type
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 64,751 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:

  • The median value for Houses in Melbourne is $1,425,811 while the median value for Units is $438,824.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 289 properties listed for sale, and 240 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2560 properties were sold in the past 12 months in Melbourne.

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