306/267-275 Flinders LaneMelbourne VIC 3000
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.
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.
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
- 05 May 2016Sold for $190,000
- 15 Feb 2016Listed for Sale UNDER CONTRACT
- 04 Feb 2003Transferred
Recent sales nearby
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About Melbourne 3000
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 64,388 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:
- The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
- Houses have a median rent of $718 while Units have a median rent of $680.
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