407/471 Little Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1171m2. While the property is not currently for sale or for rent, it was last sold in March 2012.
MANTRA HOTEL WITH GREAT RETURN - INVEST, INVEST, INVEST!
THIS IMMACULATE MODERN STUDIO APARTMENT LOCATED AT THE 4.5-STAR MANTRA ON LITTLE BOURKE STREET; ENJOYS A NORTH-FACING ASPECT, WITH A VIEW OF THE SURROUNDING LEGAL PRECINCT AND PLENTY OF NATURAL LIGHT THROUGHOUT THE DAY. CURRENTLY LEASED AT $1,515 PER CALENDAR MONTH. FULLY FURNISHED, THE OPEN-PLAN LIVING AREA INCLUDES DUAL SINGLE BEDS, COUCHES, DINING AND COFFEE TABLE AND A FLAT-SCREEN TV. MARBLE SURFACES ADORN THE MODERN BATHROOM AND CONVENIENT KITCHENETTE COMPRISING OF PARQUETRY FLOORING AND STAINLESS STEEL APPLIANCES. VERY POPULAR WITH BUSINESS EXECUTIVES AND SHORT STAY TRAVELLERS THIS APARTMENT IS COMPLEMENTED BY CONCIERGE FACILITIES, CAFE MANTRA AND PENTHOUSE LEVEL GYM, SPA AND SAUNA. IT'S IDEAL FOR ALL ASTUTE INVESTORS WANTING TO MINIMISE COST WHILE MAXIMISING RETURNS AND IS PLACED IN A CONVENIENT LOCATION WITH QUICK ACCESS TO A HOST OF CULTURAL AND LIFESTYLE VENUES THROUGHOUT MELBOURNE CBD.
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 64,270 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:
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