2511/639 Little Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 11399m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
The property is currently leased at $700 per week, with the lease expiring on 15 June 2027.
Offering a strong approximately 8% gross rental return and uninterrupted views across Flagstaff Gardens, this sophisticated city residence combines lifestyle excellence with outstanding investment appeal.
Designed to maximise natural light and urban outlooks, the intelligently planned interior is enhanced by expansive glazing and an elevated position that captures the beauty of the surrounding cityscape. Open plan living and dining flows seamlessly to a private balcony, creating an inviting setting for entertaining or unwinding above the bustle below.
Refined finishes and practical design define the interiors, with timber flooring, a sleek stone-appointed kitchen, quality appliances and contemporary fittings all contributing to a low-maintenance yet luxurious environment. The spacious bedroom includes built-in robes, while the separate study offers ideal flexibility for working from home, creative pursuits or additional storage.
A central bathroom, European laundry and linen storage complete the home, while residents enjoy access to premium building amenities in a secure, sought-after complex.
Positioned moments from Flagstaff Gardens, Queen Victoria Market, leading universities, transport links and Melbournes renowned dining and retail precincts, this is an exceptional opportunity for owner-occupiers and investors alike.
Please note: furniture in some images has been virtually staged for illustrative purposes only.
Outgoings:
Council Rates: $1,031 per annum approx.
Water Rates: $738 per annum approx.
Owners Corporation Fees: $3,787 per annum approx.
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,744 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:
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