103/100 Exhibition StreetMelbourne VIC 3000
Property Details for 103/100 Exhibition St, Melbourne
103/100 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 January 2018.
Last Listing description (February 2018)
With a location at the Paris End of Melbourne and offering investors a superb opportunity in the 4.5 star 'Mantra 100 Exhibition' complex, this bright, spacious, and well-presented one bedroom apartment is an excellent find. With a secure long term lease and enjoying a high yield return of 6%, this property is near bars & retail outlets, Chinatown eateries & Parliament Station.
Accommodation: Featuring a convenient first floor position, this excellent apartment enjoys an expansive central lounge and dining zone with tall windows, stylish kitchen with an induction Fisher & Paykel cooktop, fridge, microwave, and nearby dining table for easy meals day and night, impressive bathroom, sizeable bedroom with built-in robe storage and a sliding door, and a handy European laundry.
Features: Reverse cycle heating and cooling, secure entry, Mantra facilities include a 24-hour concierge, internet kiosk, daily housekeeping, laundry service, and much more.
As part of the lease terms, owners DO NOT pay Owners Corporation Fees, Council Rates, Water Rates, Insurance or General Maintenance.
Lease expires on 05/03/18 with a further 2 x 5 years option
Rent: $25,288.44 pa ($2,107.37 per month)
Review: 4% annual increases between market reviews
Return: 6%
Annual Owner Outgoings: Sinking Fund $510 per quarter (approx.)
MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $337,500
INDICATIVE SELLING PRICE: $380,000 - $388,000
COMPARABLE SALE 1: 1411/222 Russell St, Melbourne. SOLD $405,000- 01/06/2017- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 2: 1805/27 Little Collins St, Melbourne. SOLD $395,000- 27/04/2017- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 3: 37/187 Collins St, Melbourne. SOLD $360,000- 08/03/2017- 1 bed, 1 Bath, 0 Car.
Property History for 103/100 Exhibition St, Melbourne, VIC 3000
- 22 Jan 2018Sold for $370,000
- 31 Jul 2017Listed for Sale $388,000
- 22 May 2001Sold for $263,000
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 64,188 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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