1509/222 Russell StreetMelbourne VIC 3000
Property Details for 1509/222 Russell St, Melbourne
1509/222 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3115m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (June 2022)
Situated on Level Fifteen and with prime South/West corner positioning, this is a generous two bedroom apartment of approximately 88 square meters with well equipped kitchen with stone benchtops, open plan dining and lounge area leading to a 7 square meter West facing balcony. In addition to this, there are two oversized bedrooms with BIR's, central bathroom plus separate powder-room and Euro laundry.
The owner will also have the advantage of one secure under cover car park. (Not a stacker)
The property offers a heated pool, spa, sauna, gymnasium, sun deck, restaurant, bar and conference facilities. Added to this is security entrance and a prime location in the heart of the Chinatown and theatre precincts on Melbourne.
OCCUPY OR INVEST...
Currently leased to the Mantra hotel, the new owner will have the opportunity to either extinguish the current lease and occupy the apartment from 1st November 2022, or lease to Mantra for another year.
Inspection is by private appointment,
For further details please contact Nick Walters of Kingsford Property - Melbourne's Apartment Specialists.
M: 0438 557 885
E: nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent
Property History for 1509/222 Russell St, Melbourne, VIC 3000
- 17 May 2022Listed for Sale $670,000
- 29 Oct 2018Sold for $450,000
- 18 Mar 2002Sold for $406,000
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 64,265 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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