307/100 Exhibition StreetMelbourne VIC 3000
Property Details for 307/100 Exhibition St, Melbourne
307/100 Exhibition St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 656m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in September 2012.
Last Listing description (September 2012)
NOW A HUGE 7.25% RETURN - INVEST IN THE PARIS END OF TOWN - $295k
Apartment 307
100 Exhibition Street, Melbourne
NOT FOR OWNER OCCUPATION
Situated on the third floor and on the Eastern side of the building, this is a modern one bedroom apartment of approximately 50 square meters.
A welcoming entrance hall leads past a fully equipped bathroom to a large open plan lounge and dining area with kitchen. From here, look back on to the large bedroom with built in robes. Laundry facilities, air-conditioning and a security entrance complete the picture.
This apartment is in a secure long term lease with the Mantra Group, and is run as a 4 and a half star rated serviced apartment hotel.
PLEASE NOTE: Owners DO NOT pay Owners Corporation Fees, Council Rates, Water Rates, Insurance, or General Maintenance costs.
Rent: $21,407 pa ($1,783 per month)
(With 4% annual increases between Market Reviews)
Lease: Until March 2018
Options: 2 x 5 year options
Return: 7.25%
This hassle free, high yield, long term investment is something to consider for the astute investor.
For further enquires, please call the agent.
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 307/100 Exhibition St, Melbourne, VIC 3000
- 26 Sep 2012Sold for $282,500
- 06 Sep 2012Listed for Sale $295,000
- 28 Feb 2012Sold for $270,000
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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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