3402/296 Little Lonsdale Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$450,000 - $470,000

3402/296 Little Lonsdale Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
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Prime CBD Investment with Secure $700pw Rental Return

Perfectly positioned in the vibrant heart of Melbourne’s CBD, this stylish and well-presented two-bedroom apartment represents an outstanding investment opportunity, combining a prime city location with secure rental income already in place.
Currently leased at $700 per week until September 2027, the property offers investors the benefit of an established tenancy and immediate rental return from settlement.
Located just minutes from Melbourne Central Station, Elizabeth Street trams, and an endless selection of cafés, restaurants, shopping and entertainment, the apartment enjoys exceptional convenience in one of Melbourne CBD’s most connected locations.
Designed for comfortable inner-city living, the apartment features a well-proportioned open-plan living and dining area with timber flooring, flowing onto a private balcony that brings natural light into the space.
The modern kitchen is finished with stone benchtops and includes a gas cooktop, oven and ample cupboard and storage space. Both bedrooms are well sized and feature built-in robes, while split-system heating and cooling provides year-round comfort. Secure building access offers additional peace of mind.
Property Features
• Currently leased at $700 per week until September 2027
• Two well-sized bedrooms with built-in robes
• Open-plan living and dining with timber flooring
• Modern kitchen with stone benchtops, gas cooktop and oven
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Property Details for 3402/296 Little Lonsdale St, Melbourne

3402/296 Little Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 56m2. The place is currently for sale with Melcorp Property.

Building Type
Apartment
Floor Size
56m2
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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 64,781 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 287 properties listed for sale, and 281 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2437 properties were sold in the past 12 months in Melbourne.

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