402/220 Spencer Street, Melbourne, VIC 3000 sold on 22 August 2025 | OnTheHouse
 
SOLD
Sold on 22 Aug 2025 for $565,000

402/220 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 61m2
Land area: 8666m2
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Vicprop - Manningham
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Property Details for 402/220 Spencer St, Melbourne

402/220 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 8666m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
61m2
Land Size
8666m2
Local Government
Melbourne
Lot/Plan
402S/PS633275

Last Listing description (November 2025)

Positioned in Melbournes lively CBD, this stylish apartment combines contemporary design, natural light, and an expansive undercover balcony with uninterrupted Spencer Street views perfect for alfresco dining, entertaining guests, or simply soaking up the city energy in complete privacy.

Apartment Features
Expansive sunlit balcony with unobstructed city outlooks
Two spacious bedrooms with built-in robes
Master bedroom with private ensuite, plus a sleek second bathroom
Open-plan living/dining with floor-to-ceiling windows
Modern kitchen with stone benchtops, premium appliances, and ample storage
Split-system heating and cooling for year-round comfort
Secure building access with intercom and lift service

Resort-Style Resident Amenities
Indoor heated swimming pool & spa
Fully equipped gymnasium and sauna
Rooftop garden terrace with BBQ areas, outdoor lounges, bocce lawn, and climbing wall
Resident lounge, dining areas, study rooms, and function facilities
24/7 security and onsite building management

Prime CBD Location
Southern Cross Station steps away train, tram & SkyBus links
Spencer Outlet Centre, Bourke Street Mall, Queen Victoria Market within easy reach
Docklands waterfront, Crown Entertainment Complex, and Yarra River precinct nearby
Close to universities, employment hubs, and free tram zone

High Rental Yield Potential

With Melbourne CBD rental demand at record highs and 2-bedroom apartments averaging 78% yields, this property presents exceptional investment potential and long-term growth prospects.

Contact us today to arrange a private inspection and secure this light-filled CBD retreat with an expansive balcony views.

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Property History for 402/220 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$565,000
22 Aug 2025
Listed for Rent
$490/w
02 Jul 2020
  • 22 Aug 2025
    Sold for $565,000
  • 30 Jul 2025
    Listed for Sale EOI: $575,000-$605,000
  • 02 Jun 2020
    Sold for $430,000
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. 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.

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