32/47 Lonsdale StreetMelbourne VIC 3000
Property Details for 32/47 Lonsdale St, Melbourne
32/47 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 450m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (February 2024)
Positioned in a prime Melbourne location at the top end of the CBD with major theatre, retail shops, restaurants and cafes close at hand.
Situated on level three and with the quiet and peaceful aspect, is this one bedroom apartment comprising a functional kitchen, open plan dining and lounge room leading to an excellent private double bedroom and neat ensuite bathroom
The apartment is presently leased to Comfort Hotels until October 2027 with two further 10 year lease options there after.
As an added bonus you are able to stay in your apartment for up to 30 days per year- perfect for that weekend get away in the city. (Conditions Apply)
NB: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
IMPORTANT INFORMATION:
RENT: $15,564 per annum
INCREASES: CPI increases from 3rd year of each term
RETURN: 6.7%
LEASE: Until October 2027
OPTIONS: Two x 10 Year
TENANT (Comfort Hotels) PAYS:
Owners Corporation Admin fees
Water Rates
Insurance
General maintenance
OWNER PAYS:
Maintenance fund: $1,271 per annum (Approx)
Council rates: $882 per annum (Approx)
Inspection can be arranged by private appointment.
Property History for 32/47 Lonsdale St, Melbourne, VIC 3000
- 03 Jan 2024Sold for $218,000
- 13 Nov 2023Listed for Sale $200,000 - $235,000
- 07 Oct 1997Sold for $145,500
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 64,286 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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