16/20 Bank PlaceMelbourne VIC 3000
Property Details for 16/20 Bank Pl, Melbourne
16/20 Bank Pl, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.
Last Listing description (October 2025)
Discover a unique opportunity to acquire a 35m² approx. front unit in Melbourne's vibrant CBD, situated within a historic Circa 1906 Heritage Building overlooking Bank Place. This versatile space is ideal for conversion into a stylish apartment or a modern office, offering significant potential in a thriving commercial and residential hub.
Features Include:
- In a prime location nestled amidst office towers, cafes, restaurants, and excellent public transport links, providing convenience and high visibility
- Development potential with ample scope for conversion into an apartment (STCA) within the Development Zone CCZ1, ideal for investors or developers
- High rental yield potential within a strategic position in Melbourne's booming CBD promises attractive returns
- Heritage appeal adding character and charm to the space.
Please Note: The property currently does not include a bathroom
Don’t miss this rare chance to secure a piece of Melbourne’s CBD real estate landscape.
Act quickly, inspections are highly recommended! For more information or to arrange a viewing, contact Mike Weston 0458 000 456 or email michael@westonrealestate.melbourne
Weston Real Estate is a reputable, independent agency that prides itself on delivering exceptional, personalized service to our clients. With over three decades of experience, we have established a strong reputation for honesty, integrity, and open communication. Our dedicated team is committed to providing you with the highest level of expertise and service in both sales and rental management. Whether you are looking to buy, sell, rent, or manage your property, we are here to guide you through the process with professionalism and care. Our extensive knowledge of the Melbourne market ensures that we can provide you with accurate and informed advice.
For a sales or rental appraisal of your property, please don't hesitate to contact the owner, Mike Weston, directly on 0458 000 456. We look forward to the opportunity to serve you.
Property Code: 705
Property History for 16/20 Bank Pl, Melbourne, VIC 3000
- 01 Oct 2025Sold for $185,000
- 18 Sep 2025Listed for Sale $195,000 | Weston Real Estate Melbourne
- 29 Oct 2024Sold for $150,000
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 64,206 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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