305/187 Flinders LaneMelbourne VIC 3000
Property Details for 305/187 Flinders Lane, Melbourne
Last Listing description (September 2007)
The Adelphi - A great place to stay
The world renowned Adelphi Hotel, one of only two Australian hotels featured in the international list of 'A' places to stay - extraordinary hotels now offers a property for you to own. With a long term (12 year) lease to the current operations showing an alternative yield of 6.8% this is a passive investment in a brilliant building and location. The development features the most amazing roof top swimming pool that hangs in space over Flinders Lane, restaurant and bar. The Adelphi would certainly be an impressive part of your portfolio. Design features by DMC are cutting edge and superb. The Adelphi is located in the most vibrant section of Melbourne's CBD only moments to Federation Square, Collins Street, shopping and laneways.
Property History for 305/187 Flinders Lane, Melbourne, VIC 3000
- 18 Oct 2024Sold for $8,284,450
- 25 May 2023Sold for $9,119,123
- 12 Oct 2015Sold for $250,000
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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 64,272 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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