1316/39 Lonsdale StreetMelbourne VIC 3000
Property Details for 1316/39 Lonsdale St, Melbourne
1316/39 Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 706m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2026)
The Phone Code for this property is: 80153. Please quote this number when phoning or texting.
Positioned in one of Melbourne CBD's most tightly held pockets, this high-performing, fully furnished investment delivers immediate income with future upside - the perfect set-and-forget asset for savvy investors.
Currently leased at $600 per week ($31,200 p.a.), the property is secured with a tenancy in place until June 2026, with the renters already expressing strong interest to extend - providing continuity of income and minimal vacancy risk.
Located within the sought-after 'Student Living on Lonsdale' complex, this low-maintenance 2-bedroom apartment is strategically positioned to attract consistent rental demand from students and city professionals alike. If you wish to take vacant possession and move in, this is also an option to you.
Investment Highlights:
- Strong rental return: $600 per week fully furnished
- Secure lease: Fixed until June 2026 with extension interest for a further 6-months.
- Turnkey investment: Fully furnished, no additional capital required
- High-demand location: Walking distance to RMIT, theatres, dining, and transport
- Low-maintenance asset: Ideal for passive investors
Property Features:
- Light-filled open-plan living and dining area
- Functional kitchen with stainless steel appliances
- Two well-proportioned bedrooms with built-in robes
- Modern central bathroom
- Secure building with controlled entry
Resident Amenities:
- Communal lounge & games room
- TV lounge
- Shared laundry facilities
Location Advantages:
- Positioned in Melbourne's iconic Paris End
- Steps to RMIT University and CBD campuses
- Walking distance to Lygon Street dining precinct
- Surrounded by theatres, restaurants, and nightlife
- Close to Carlton Gardens, Treasury Gardens & Fitzroy Gardens
- Moments to Melbourne Central, QV, and public transport (free tram zone & Parliament Station)
Property History for 1316/39 Lonsdale St, Melbourne, VIC 3000
- 15 May 2026Sold
- 28 Apr 2026Listed for Sale $258,000
- 28 Apr 2023Sold for $220,000
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 64,264 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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