1815/222 Russell StreetMelbourne VIC 3000
Property Details for 1815/222 Russell St, Melbourne
1815/222 Russell St, Melbourne is a 2 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 88m2. While the property is not currently for sale or for rent, it was last sold in November 2001.
Last Listing description (October 2016)
Another apartment SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 20 years experience in the serviced apartment market.
If you d like to discuss your investment property options please call me on 0438 557 885
Leased to the Mantra Group, situated on the 18th floor and with the preferred Northerly aspect is this extra large one bedroom apartment of some 65 square meters plus a deep full width balcony.
A huge living & dining area opens to the balcony via floor to ceiling glazing as well as the adjacent kitchen.The very generous bedroom has a separate sparkling bathroom and laundry facilities
The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town precinct of Melbourne, and also has a quality restaurant and bar attached to the building - all making this a very attractive investment.
With Mantra offering an excellent rental of $552 per week, this top quality investment property is priced to sell. Leased until November 2016 with further options thereafter.
Current rent: $28,714 per annum ($2,392 pcm) Approx.
Rent increase: Annual 3% increases between market reviews
Return: 6.24%
Options: 2 x 5 year options
Owner pays:
Council and water rates $2,253 per annum (Approx)
Tenant pays:
Owners corporation fees
Insurance
General Maintenance
Water Usage
Refurbishment costs
For further enquires, please call:
Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists
0438 557 885 or (03) 9682 6222
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. Prospective purchasers are advised to carry out their own investigations.
Property History for 1815/222 Russell St, Melbourne, VIC 3000
- 12 Aug 2016Listed for Sale $460000
- 13 Nov 2001Sold for $283,900
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 64,237 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.
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