250 Elizabeth Street, Melbourne, VIC 3000 sold on 01 December 2025 | OnTheHouse
SOLD
Sold on 01 Dec 2025 for $275,000

250 Elizabeth Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 250 Elizabeth St, Melbourne

250 Elizabeth St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1976
Local Government
Melbourne
Lot/Plan
401/PS431573

Last Listing description (October 2023)

THE STRAND MELBOURNE HIGHLY CONNECTED RETAIL DESTINATION

- Occupying two prime corners within Australia's most powerful CBD retail precinct, surrounded by the City's most iconic laneways and arcades. The Strand Melbourne is one of the most well-connected and highly exposed retail sites in Melbourne adjoining Emporium Melbourne as well as Melbourne's iconic GPO.
- Featuring a unique collection of Australia's leading fashion and lifestyle retailers including COS, Acne Studios, ASICS / Onitsuka Tiger, Dinosaur Designs, Midas and Franck Provost providing significant destinational appeal.
- Abundant, highly convenient two-level parking onsite for 173 vehicles, operated by Secure Parking, a unique offering within the Melbourne CBD, representing 17% of the gross rental income.

- Immediate exciting value-add opportunities including strategic leasing to new retailers, remixing of the current profile to further strengthen the tenancy mix including the potential to enhance income.
- Fully leased net operating income $4.5 million.


The Strand is being offered for sale with Melbourne's GPO, individually or 'in-one-line' via an international EOI campaign closing 2:00pm (AEDT), Thursday 16 November 2023.

Property History for 250 Elizabeth St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$275,000
01 Dec 2025
  • 20 Oct 2023
    Listed for Sale Contact Agent
  • 05 Sep 2023
    Listed for Rent - Price not available
  • 04 Nov 2022
    Listed for Rent $500 per week
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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 64,229 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.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.