1004/100 Exhibition StreetMelbourne VIC 3000
Property Details for 1004/100 Exhibition St, Melbourne
1004/100 Exhibition St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 656m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
Last Listing description (August 2012)
7.1% RETURN - TOP FLOOR INVESTMENT AT THE PARIS END ON TOWN...
APARTMENT 1004 100 EXHIBITION STREET, MELBOURNE $305,000 (PRIVATE SALE) N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION. SITUATED ON THE TENTH FLOOR AND ON THE NORTH SIDE OF THE BUILDING, THIS IS A MODERN ONE BEDROOM APARTMENT OF APPROXIMATELY 50 SQUARE METERS IN A SECURE LONG TERM LEASE WITH THE MANTRA GROUP, AND IS RUN AS A 4 STAR RATED SERVICED APARTMENT HOTEL. AS PART OF THE LEASE TERMS, OWNERS DO NOT PAY? OWNERS CORPORATION FEES COUNCIL RATES WATER RATES INSURANCE GENERAL MAINTENANCE RENT: $21,700 PA ($1,808 PER MONTH) (WITH 4% ANNUAL INCREASES BETWEEN MARKET REVIEWS) LEASE: UNTIL MARCH 2018 OPTIONS: 2 X 5 YEAR OPTIONS RETURN: 7.1% THIS HIGH YIELD LONG TERM INVESTMENT IS SURELY SOMETHING TO CONSIDER FOR YOUR PROPERTY INVESTMENT PORTFOLIO. INSPECTION STRICTLY BY APPOINTMENT. FOR FURTHER ENQUIRES, PLEASE CALL: NICK WALTERS OF KINGSFORD PROPERTY (03) 9682 6222 OR 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 1004/100 Exhibition St, Melbourne, VIC 3000
- 20 May 2012Sold for $278,000
- 31 Jan 2012Listed for Sale $285,000
- 11 Sep 2010Listed for Sale Not Disclosed
Recent sales nearby
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0About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of 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 64,268 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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