1008/222 Russell StreetMelbourne VIC 3000
Property Details for 1008/222 Russell St, Melbourne
1008/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 3115m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (December 2022)
Perfectly positioned at the top end of the CBD, and on iconic Russell Street which is the home of some of the best hotels in Melbourne, the Mantra has the very best all on the doorstep.
222 Russell Street is a mix of hotel suites and private residences. A meticulously maintained building with great facilities and always a strong demand to be in this prime location mean this is a great investment for years to come.
Currently leased to the Accor group for $14,271 per annum with two further lease terms available to Accor.
For immediate private sale. Please contact Sam Fenna on 0437 309 715 to arrange a private inspection.
Property History for 1008/222 Russell St, Melbourne, VIC 3000
- 18 Oct 2022Listed for Sale $235,000
- 23 Aug 2022Sold for $339,000
- 25 Nov 2001Sold for $157,000
Recent sales nearby
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About 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 64,239 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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