26/243 Collins StreetMelbourne VIC 3000
Property Details for 26/243 Collins St, Melbourne
26/243 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit.
Last Listing description (August 2024)
** Enter from Manchester Lane **
Inspection via private appointment - Please call Sam Fenna on 0437 309 715 to arrange a time.
Could the location be any more ideal? With esteemed neighbours like Burberry, Hugo Boss, and Coach, this location epitomises the essence of city living. Nestled on Manchester Lane between the renowned Flinders Lane and Collins Street, The Merigold on Collins, dating back to 1884, stands as a splendid heritage gem, with a total of 30 apartments.
Maintaining an array of original elements from its conversion, the stairwell proudly exhibits grand pressed ceilings and original tiling. Additionally, the lift retains its external embellished cast metalwork.
Positioned on the second level, featuring generous original windows, this beauty with all its heritage appeal is so charming. Abundant storage solutions enhance the kitchen, which hosts an oven, dual burner cooktops, and concealed appliances including a fridge and washing machine. Secure intercom access too.
Consistently returning over $5,000 per month as an Airbnb, this presents an ideal opportunity for those seeking an investment for either short- or long-term occupancy, or as an impeccable city pied à terre.
Stroll to the plethora of theatres, bars, and restaurants, you will simply love this location and everything that it offers.
Offered with vacant possession.
(Items included in the sale are the washer/dryer, canopy bed, cloud-shaped couch, desk & chairs.)
Property History for 26/243 Collins St, Melbourne, VIC 3000
- 27 May 2024Listed for Rent $475 / week
- 17 Aug 2023Listed for Sale $320,000
- 07 Jul 2020Listed for Rent $300 / week
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 64,271 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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