401/155 Bourke StreetMelbourne VIC 3000
Property Details for 401/155 Bourke St, Melbourne
401/155 Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1936. The property has a land size of 837m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (June 2025)
Sublimely positioned in this superb Bourke Street location is this large one bedroom investment apartment with the security of a long term lease.
PLEASE NOTE THIS IS AN INVESTMENT PROPERTY ONLY
Featuring an entrance hall, fully equipped kitchen with stone benchtop and 4 element cooktop plus ample storage space. The generous full width living and dining area has full height glazing and soaring 3 metre plus high ceilings.
Perfectly located near Chinatown, Melbourne Central, museums, restaurants, world famous coffee culture and sports event venues, the location is in a prime spot to invest and achieve an 8.5% gross return.
Investment property only and not available for owner occupation or private rental.
Investment Summary:
Rent: $424 pw approx.
Return 8.5% gross pa approx.
Lease: To February 14th 2027
Options: one further 2 year term
Outgoings Owner:
Council rates
Water rates
Owners corporation maintenance fund
Tenant (CAG Group):
Owners corporation administration fund
Utilities
General maintenance
Insurances
Inspection by appointment.
Disclaimer: 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. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.
Property History for 401/155 Bourke St, Melbourne, VIC 3000
- 23 May 2025Sold for $250,000
- 21 Feb 2025Listed for Sale Not Disclosed
- 04 Jun 2013Sold for $212,500
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 64,253 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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