1416/222 Russell StreetMelbourne VIC 3000
Property Details for 1416/222 Russell St, Melbourne
1416/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3115m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in September 2008.
Last Listing description (September 2008)
MELBOURNES BEST 5 STAR INVESTMENT AT JUST $169,000
THIS FULLY EQUIPPED APARTMENT IS A WONDERFUL BUYING OPPORTUNITY INTO THIS TRULY LUXURIOUS 5 STAR DEVELOPMENT.
LOCATED ON THE 14TH FLOOR IT IS BATHED IN NORTHERN LIGHT. BRILLIANTLY APPOINTED AND WITH MOST OUTGOINGS PAID BY THE TENANT THIS IS THE PERFECT ENTRY LEVEL INVESTMENT PROPERTY OR SUITED TO THE SELF MANAGED SUPERANNUATION FUND.
(EFFECTIVE NOVEMBER 2008 WITH 3% ANNUAL INCREASES UNTIL 2011)
RETURN: 7.9%
LEASED UNTIL NOVEMBER 2011WITH 3 X 5 YEAR OPTIONS
BODY CORPORATE FEES, GENERAL MAINTENANCE, INSURANCES AND WATER USAGE ARE PAID BY THE TENANT
OWNERS ANNUAL OUTGOINGS ARE LIMITED TO
COUNCIL RATES $505.94
WATER RATES $144.08
A SUPERB BUILDING WITH HEATED POOL, SPA, SAUNA, GYM, SUNDECK, RESTAURANT AND 24HR MANAGEMENT
FOR FURTHER INFORMATION PLEASE CALL...
NICK WALTERS OF KINGSFORD PROPERTY
(03) 9682 6222 OR 0438 557 885
ADDITIONAL FEATURE - FIVE STAR LUXURY.
Property History for 1416/222 Russell St, Melbourne, VIC 3000
- 30 Sep 2008Sold for $163,000
- 12 Jun 2008Listed for Sale 169000
- 14 Apr 2005Listed for Sale 182000
Recent sales nearby
See more recent sales nearby/assets/perm/why2y6huhui6xlegnodeoyav2m?signature=8ab70995a228da19a29601be2ae19e263ed2703392f3e9474187683716f696e4){kind=logo}
0
/assets/perm/wn6wpnwjpai6vobzlmepkkhpja?signature=225f2a6ea65c4b0f1265cb2548f95b3ac90fc84f04568a11fee2fd7a21d8db76){kind=logo}
0/assets/perm/465fxvu6sei63lx24xhhz62xke?signature=c8d4338daac2b439711ba1c66508c7090a5a934fc12aaede4c2e90dc7d64cdae){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 64,237 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.
Suburb Insights for Melbourne 3000
Market Insights
Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
