306/267-275 Flinders Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

306/267-275 Flinders Lane
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 681m2
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Property Details for 306/267-275 Flinders Lane, Melbourne

306/267-275 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 681m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
1900
Floor Size
47m2
Land Size
681m2
Local Government
Melbourne
Lot/Plan
306/PS332181

Last Listing description (July 2016)

Newly refurbished and ideally located in the middle of Melbournes vibrant caf and bar precinct of De Graves Street, this apartment is the ideal hassle free investment. The property's position is just minutes to Melbournes major retails shops, the Southbank and Crown entertainment precinct, and also a stones throw to Docklands.
N.B THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION
Situated on the third level of a six story building, this outstanding one bedroom apartment of 47 square meters is situated on the preferred North side the building overlooking Flinders Lane and features a modern kitchen with stainless steel appliances, dining area and open plan lounge room. There is also a fully equipped bathroom.

This investment apartment offers no vacancies, no leasing or rent collection fees and no general maintenance costs. In short, Punt Hill Flinders Lane ' is an outstanding property investment opportunity.
Securely leased to the Punt Hill Group until August 2017 with further options.
Rent: $19,451 pa - $373 per week (approx.)
Return: 9 % (Gross)
Review: Annual CPI increase and market reviews every 5th year of lease
Terms: leased to the 'Punt Hill Group' until August 2017
Options: 3 x 5 year further options
Outgoings:
Tenant:
General maintenance
Insurance
Water usage
Owner:
Owners' Corporation fees; $17,369 pa (Until 2018 - afterwhich they will decrease dramatically)
Council rates: $831 pa
Water rates: $650 pa

For further enquiries, please contact:
Nick Walters of Kingsford Property - The Serviced Apartment Specialists.
0438 557 885
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.

Property History for 306/267-275 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$190,000
05 May 2016
  • 05 May 2016
    Sold for $190,000
  • 15 Feb 2016
    Listed for Sale UNDER CONTRACT
  • 04 Feb 2003
    Transferred
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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 64,122 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 303 properties listed for sale, and 171 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2649 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
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.