919/238 Flinders Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$185,000 - $200,000

919/238 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 24m2
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Prime CBD Living or Smart Investment in the Heart of Melbourne

Positioned right in the pulsing heart of Melbourne's iconic arts, dining, and cultural precinct, Unit 919 at 238 Flinders Street offers an exceptional opportunity for both owner-occupiers looking for a vibrant city lifestyle and investors seeking a reliable, high-demand asset.
Steps from Flinders Street Station, Federation Square, the Yarra River promenade, and world-class cafes and shopping, this property places the very best of Melbourne right on your doorstep.
Key Features:
• Prime Location: Enjoy ultimate walkability with public transport, universities, and the CBD's finest entertainment venues moments away.
• Versatile Opportunity: Offered with vacant possession, making it ready for an owner-occupier to move straight in, or an investor to capitalise immediately.
• Strong Investment Potential: Backed by an estimated rental appraisal of $400 - $450 per week, delivering attractive yields in a tightly held rental market.
• Low-Maintenance City Pad: Perfect as a weekender, a student-accommodation solution, or a hassle-free addition to a growing property portfolio.
• Open City Views: Impressive, uninterrupted views across the Melbourne skyline that create a strong sense of space and light.
Whether you are looking to secure your first foothold in the Melbourne property market or expand your portfolio with a blue-chip CBD address, this property ticks all the boxes.
Inspection is a must - Contact Zekria Tawafi today to arrange a viewing or request further information.
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Property Details for 919/238 Flinders St, Melbourne

919/238 Flinders St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 24m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Floor Size
24m2
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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 64,768 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 259 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2433 properties were sold in the past 12 months in Melbourne.

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Zekria Tawafi
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Ray White Southbank | Port Phillip
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