4/15 Rankins LaneMelbourne VIC 3000
Property Details for 4/15 Rankins Lane, Melbourne
4/15 Rankins Lane, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 362m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in November 1995.
Last Listing description (October 2025)
EOI due on 17th Oct by 5 pm (unless sold prior)
Positioned in an incredible blue-chip location just 100 metres from the Bourke Street Mall with very low body corporate fee only $874.30/pa, this unique industrial-style studio apartment offers a rare and enviable lifestyle in the vibrant heart of Melbourne.
As you approach the building, you will feel a deep connection to Melbournes rich history in this quiet lane just off Little Bourke Street. Step inside this converted garage and take in elements of an industrial New York-style loft such as high ceilings, exposed brickwork and pipes, and floor-to-ceiling bookshelves.
The living area is spacious with ample storage, and kitchen facilities include a wall oven, bench space for preparing meals, open shelving, and even a dishwasher. The bedroom area has been cleverly tucked away for enhanced privacy, and takes advantage of the high ceilings with a second loft bed.
With floor-to-ceiling white tiles, the bathroom is light and airy with a separate toilet, and the apartment is self-contained with Miele washing machine and dryer facilities. Zoned Residential and Commercial, you have the option to use this space as a residential apartment or for commercial purposes offering flexibility of use.
Presented to the market for the first time since 1996, this apartment is unique as there is nothing else in Melbourne like this. Located in the centre of the city, the Bourke Street Mall is just around the corner with Myer, designer clothing stores, and eateries, and a tram stop right out the front.
With an abundance of restaurants, boutique stores, and gourmet coffee bars along the street, you will be spoilt for choice with dining options and places to meet up with friends. Set in an enviable urban location, this property offers exceptional lifestyle appeal.
- Converted garage to apartment in a quiet laneway
- Industrial-style studio apartment
- Spacious living area with floor-to-ceiling bookshelves
- Bedroom area tucked away
- Kitchen with a Miele wall oven and microwave
- Bathroom with a separate toilet
- Self-contained apartment with clothes washing facilities
- Loft storage above the bathroom
- First time on the market since 1996
- Zoned Residential and Commercial
- Only 9 units in the building
- Prime inner city location
- Walking distance to QV Market, MCG, Art Centre and tram stop or Flinders Station just steps away
Body corporate fee is $874.30/pa
Council Rate is $239.36/pa
Property Code: 647
Property History for 4/15 Rankins Lane, Melbourne, VIC 3000
- 19 Sep 2025Listed for Sale EOI due on 17th October $500,000-$550,000
- 13 Nov 1995Sold for $50,000
- 21 Apr 1994Sold for $51,000
Recent sales nearby
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0About 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 64,263 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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