401/155 Bourke Street, Melbourne, VIC 3000 sold on 23 May 2025 | OnTheHouse
 
SOLD
Sold on 23 May 2025 for $250,000

401/155 Bourke Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 837m2
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Kingsford Property
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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.

Building Type
Unit
Year Built
1936
Floor Size
55m2
Land Size
837m2
Local Government
Melbourne
Lot/Plan
401/PS418979

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.

King sized bedroom with fitted wardrobes, a sleek bathroom with large stone benchtop, shower over bath and the convenience of a concealed Euro laundry.

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.

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Property History for 401/155 Bourke St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$250,000
23 May 2025
  • 23 May 2025
    Sold for $250,000
  • 21 Feb 2025
    Listed for Sale Not Disclosed
  • 04 Jun 2013
    Sold for $212,500
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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.
There are currently 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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