1018/139-143 Lonsdale Street, Melbourne, VIC 3000 sold on 11 February 2025 | OnTheHouse
SOLD
Sold on 11 Feb 2025 for $290,000

1018/139-143 Lonsdale Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 32m2
Land area: 335m2
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Property Details for 1018/139-143 Lonsdale St, Melbourne

1018/139-143 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 335m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
32m2
Land Size
335m2
Local Government
Melbourne
Lot/Plan
67/PS502057

Last Listing description (February 2025)

The Phone Code for this property is: 61088. Please quote this number when phoning or texting.

This modern 1-bedroom apartment on the 10th floor offering an exceptional investment opportunity in the heart of Melbourne. With a successful track record on Airbnb and unbeatable location, it's ideal for investors looking to capitalise on Melbourne's short-term rental market.

Investor Highlights:

Airbnb Success: Consistent Airbnb performance with an average monthly income of $2,750, and a maximum of $3,754 over the past seven months. Currently a managed Airbnb, the contract is not locked in, allowing the purchaser the flexibility to manage their own Airbnb listing, continue with the current manager, or explore other options.
Flexible Options: Whether you choose to continue running it as an Airbnb, manage it yourself, rent it out long-term, or live in it yourself, the possibilities are endless.
North-Facing Balcony: Enjoy uninterrupted north-facing views from a large private balcony.
Recent Upgrades: The apartment has been meticulously maintained with recent upgrades including new LED lighting, upgraded power circuits throughout the kitchen (including to the HOB), and new appliances.
Turnkey Investment: Furniture is included, making this a turnkey solution for investors. However, if the purchaser prefers, the furniture can be removed.

Key Features:
Spacious Layout: The cozy bedroom comes with a double bed and TV, and the living room features a sofa bed for additional guests.
Full Kitchen: The modern kitchen is equipped with a new oven, rangehood, fridge, and microwave-perfect for any cooking needs.
Luxurious Bathroom: A sleek and spacious European bathroom.
Secure Building: The building features 2 lifts with key fob access, allowing you to access only your floor, the basement, and the ground floor for added security.
Convenient Amenities: The basement includes a coin-operated laundry and managed garbage collection, including hard waste.
Connected Living: NBN FTTN access for seamless connectivity, with Smart TVs in both the living room and bedroom.
Pet-Friendly: Appealing to a wide range of tenants or owner-occupiers with pets.
Lifts: The building features 2 lifts with key fob access

Prime Location:
Central Access: Just steps from Chinatown, a block from Melbourne Central and Parliament Station.
Convenient Shopping: Diagonally across the road from QV, which includes Woolworths, Big W, and Officeworks.
Dining & Culture: Close to an array of dining options on Russell and Swanston Streets, and moments away from Melbourne's theatres.

Area:
~33m2 Total Area*
~28m2 Indoor Area*
*Rough measurements only.

Financials:
Body Corporate: $3,220.92 per year
Rates: $672.86 per year
Water Rates: $716.63 per year
Land Tax: $433.33 - 2024

Inclusions: Furniture will stay unless the purchaser requests its removal.

Terms: 10% deposit, balance 30/60/90 days negotiable.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 1018/139-143 Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$290,000
11 Feb 2025
Listed for Rent
$390/w
12 Feb 2019
  • 11 Feb 2025
    Sold for $290,000
  • 09 Sep 2024
    Listed for Sale $299,000 - $309,000
  • 03 Oct 2023
    Sold for $220,000
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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 64,272 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:

  • The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 265 properties listed for sale, and 312 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2784 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.