407/318-322 Little Bourke StreetMelbourne VIC 3000
Property Details for 407/318-322 Little Bourke St, Melbourne
407/318-322 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 550m2. While the property is not currently for sale or for rent, it was last sold in March 2001.
Last Listing description (March 2017)
Another apartment SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 20 years experience in the serviced apartment market.
If you d like to discuss your investment property options please call me on 0438 557 885
This is a fabulous one bedroom apartment of approximately 34 square meters, located on the fourth floor in this prominent heritage building in the heart of the CBD. With westerly views over Elizabeth St the apartment is just a short stroll to the Bourke Street Mall, fantastic shopping, restaurants, cafes bars and public transport.
NB THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION
Lease Term: Until July 2017
Options: Two x 5 years
Rent: $15,106 pa (Approx)
Rent increase: Annual CPI increases between market reviews
Return: 6% Net
Outgoings:
Tenant (Mantra) pays
Owners corporation fees
Council rates
Water rates
Water usage
Insurance
Maintenance fund contributions
For further details please contact:
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 407/318-322 Little Bourke St, Melbourne, VIC 3000
- 21 Dec 2016Listed for Sale $250,000
- 18 Mar 2001Sold for $187,000
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,472 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:
- The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
- Houses have a median rent of $710 while Units have a median rent of $680.
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