506/133-143 Jolimont RoadEast Melbourne VIC 3002
Property Details for 506/133-143 Jolimont Rd, East Melbourne
506/133-143 Jolimont Rd, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 2076m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (August 2023)
Another apartment SOLD by Nick Walters of Kingsford Property - Melbourne's apartment specialists with over 27 years experience in the apartment market.
If you'd like to discuss your property options please call me on 0438 557 885
Situated in the heart of Melbourne's sporting precinct, this one bedroom apartment represents a quality investment asset for the astute investor.
Located on Level five and offering a Southerly aspect, this is a 47 square meter one bedroom apartment within the Mantra on Jolimont serviced apartment hotel. The apartment is fully climate controlled, double glazed, and boasts a large well-appointed bedroom and separate lounge and kitchen area with good storage space. The bright tiled bathroom features quality fittings.
The property's facilities include a spa, heated pool, well-equipped gymnasium and restaurant.
Currently leased to the Mantra Group for $254 per week.
THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION
IMPORTANT INFORMATION
RENT: $13,230 pa
(Or a share of the room revenue per lease year ? whichever is greater)
RETURN 9.4% (Gross)
6.5% (Nett)
LEASE Until August 2024
OPTIONS 3 x 5 year
OWNER PAYS:
Owners Corp Fees: $2,302 pa
Water Rates: $986 pa
Council Rates: $863 pa
inspection can be arranged by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.
Property History for 506/133-143 Jolimont Rd, East Melbourne, VIC 3002
- 03 Jul 2023Sold for $135,000
- 29 Jun 2023Listed for Sale $140,000
Recent sales nearby
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0About East Melbourne 3002
The size of East Melbourne is approximately 1.9 square kilometres. There are 10 parks, covering nearly 46.0% of the total area. The population of East Melbourne in 2016 was 4964 people. By 2021 the population was 4896 showing a population decline of 1.4% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation.In 2021, 44.80% of the homes in East Melbourne were owner-occupied compared with 43.60% in 2016.
East Melbourne has 5,830 properties. Over the last 5 years, Houses in East Melbourne have seen a -15.67% decrease in median value, while Units have seen a -4.48% decrease. As at 31 August 2026:
- The median value for Houses in East Melbourne is $3,187,953 while the median value for Units is $741,658.
- Houses have a median rent of $1,200 while Units have a median rent of $695.
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