35/47 Lonsdale StreetMelbourne VIC 3000
Property Details for 35/47 Lonsdale St, Melbourne
35/47 Lonsdale St, Melbourne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1966. The property has a land size of 450m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (June 2024)
Situated on level three and with the quiet Southerly aspect, is this recently re-carpeted and re-painted one bedroom apartment of approximately 36m2.
NB. THIS IS FOR THE ASTUTE INVESTOR ONLY - CANNOT BE USED FOR OWNER OCCUPATION
Comprising a functional kitchen, open plan dining and lounge room leading to a neat fully equipped bathroom plus an excellent private double bedroom.
Positioned in a prime Melbourne location at the top end of the CBD with major retail shops, restaurants, cafes and theatre precinct close at hand.
The apartment is presently leased to Comfort Hotels until 13th October 2027 with two further 10 year options thereafter.
This lease also offers "Owners Use" of 30 days per year. (Conditions apply)
IMPORTANT INFORMATION:
RENT: $16,074 pa
($309 per week approx.)
INCREASE: The lessor of CPI or 7% increases from the 3rd year of each lease term (Between Market Reviews)
RETURN: 7% Gross
(6.1% Nett)
LEASE: Until October 2027
OPTIONS: Two x 10 Year Terms
TENANT (Comfort Hotels) PAYS:
Owners Corp Administration fees
Water rates
Insurance
General maintenance
OWNER PAYS:
Council rates: $909.21 pa
Owners Corporation Maintenance fund: $1,182 pa
Inspection can be arranged by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
Nick@kingsfordproperty.com.au
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 35/47 Lonsdale St, Melbourne, VIC 3000
- 25 Oct 2023Sold for $215,000
- 12 Oct 2023Listed for Sale $229,000
- 29 Nov 2009Sold for $200,500
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 64,290 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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