402/100 Exhibition StreetMelbourne VIC 3000
Property Details for 402/100 Exhibition St, Melbourne
402/100 Exhibition St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 656m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last transferred in July 2024.
Last Listing description (March 2010)
INVEST IN THE PARIS END OF TOWN - 2 BED PLUS ONE SECURE CAR PARK - $429,000
APARTMENT 402
100 EXHIBITION STREET, MELBOURNE
7% RETURN
PLEASE NOTE: THIS APARTMENT IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
ON OFFER HERE IS A MODERN FOURTH FLOOR, TWO BEDROOM APARTMENT OF APPROXIMATELY 65 SQUARE METERS SITUATED ON THE SOUTH WEST CORNER OF THE BUILDING WITH TREE TOP VIEWS OVER EXHIBITION STREET. A LARGE OPEN PLAN LOUNGE AND DINING AREA WELCOMES THE OWNER FROM A SMALL ENTRANCE HALL. FULLY EQUIPPED KITCHEN, BATHROOM, LAUNDRY FACILITIES, AIR-CONDITIONING AND THE ADVANTAGE OF ONE SECURE CAR SPACE ON TITLE COMPLETES THIS DESIRABLE INVESTMENT.
FULLY FURNISHED AND MANAGED BY THE MANTRA GROUP AS A 4 ? STAR RATED APARTMENT HOTEL YOU WILL RECEIVE A MASSIVE $580 PER WEEK IN RENT.
PLEASE NOTE : TENANT PAYS BODY CORP FEES, INSURANCE, GENERAL MAINTENANCE, COUNCIL RATES AND WATER RATES.
RENT: $30,194 PA ($2,516 PER MONTH) APPROX
LEASE: UNTIL SEPTEMBER 2010
OPTIONS: 1 X 7.5 YEAR OPTION THEN 2 X 5 YEAR OPTIONS
RETURN: 7%
THIS HIGH YIELD, LONG TERM INVESTMENT IS SOMETHING TO CONSIDER FOR YOUR PROPERTY INVESTMENT PORTFOLIO.
FOR FURTHER ENQUIRES, PLEASE CALL:
NICK WALTERS OF KINGSFORD PROPERTY
(03) 9682 6222 OR 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 402/100 Exhibition St, Melbourne, VIC 3000
- 29 Jul 2024Transferred
- 25 Mar 2010Sold for $420,000
- 03 Dec 2009Listed for Sale 429000
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 64,288 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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