501/399 Bourke St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1920. The property has a land size of 4656m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Taking pride of place on the 5th level of the heritage Foundry building, this rare apartment offers up light-filled spaces in the heart of the CBD. With soaring double height ceilings and expansive windows capturing views across to the old GPO building and Bourke Street Mall!
Featuring a sleek kitchen with stone bench tops and a stainless steel oven with gas cooktop, the flowing floor plan also offers a versatile large open plan multi-use bedroom
European laundry facilities and split system heating/cooling are also offered along with secure entry to the building .
There is a vibrant world of bars, restaurants & shops waiting to be enjoyed quite literally at the doorstep of this exceptional city dwelling, which would make an ideally central bolthole for busy professionals or a wise city investment.
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 64,268 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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