4b/237-239 Flinders Lane, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 232m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Nestled within the iconic "Ashdowne House" (circa 1940), with only 14 apartments within the building, this is an opportunity not to be missed! This property is literally located at the door to the new Town Hall Train Station.
Flinders Lane is renowned for its quirky laneways, fine eateries, and sensational shopping. This is the Melbourne that our tourists come in search of. Only metres from trams on Swanston Street and literally across the road from the new, soon to be opened Town Hall Train Station, you simply cannot find a better location.
On entering the apartment, you will pass a raised breakfast area perfect for that morning coffee and paper reading session. You then pass through an open plan living / dining area to the kitchen. The kitchen is practical in its layout but modest in appearance. A full sized under bench dishwasher and gas cooktop will help simplify your new inner-city lifestyle.
Passing the kitchen, you come to the first, smaller bedroom, with an openable window and a built-in robe it is perfectly suited as bedroom, guest room or study. Next comes the bathroom, again practical in its layout. At the end of our journey, we enter the larger of the two bedrooms, again with a built-in robe.
Other features include security intercom entrance, split system heating / cooling, double glazing, and parquetry timber floors throughout.
The property is currently vacant but would generate a healthy return if offered for either short or long-term rental. If you are buying for investment, please ask us for a rental appraisal.
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:
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