307/399 Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 4656m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
Grab a piece of Melbourne's rich history with this outstanding and contemporary studio apartment in a gorgeous heritage building, which is just steps to Bourke Street Mall and all of the city's best attractions.
Highlights of this apartment include spacious and free-flowing living and sleeping zone, balcony with south-facing views, stone kitchen with quality appliances, sublime modern bathroom with a bath/shower combination, and heating. Securely leased until 2021, with rental returns of $1,651 pcm, this is a wonderful opportunity for investors who want to dip their toes in the CBD waters.
Positioned close to Hardware Lane cafes and restaurants, Melbourne's GPO, Melbourne Central shopping and transport, RMIT University, Flagstaff Gardens, Queen Victoria Market, free trams, and Flinders Street Station
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 64,287 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:
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