503/100 Exhibition StreetMelbourne VIC 3000
Property Details for 503/100 Exhibition St, Melbourne
503/100 Exhibition St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 656m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (November 2018)
Modern and located on the fifth floor of Mantra 100 Ex, this east facing investment apartment offers a secure long term lease as part of the 4.5 star rated serviced apartment hotel.
Features include: a large open plan living and dining area overlooking the Melbourne Club grounds, galley styled kitchen, good sized bedroom with built in robes, neat bathroom with bath, air conditioning, laundry facilities, and security entrance.
The property offers a prime Melbourne location at the Paris end of the CBD with high end retail shopping, restaurants, cafes and bars close at hand.
NB: THIS IS FOR THE ASTUTE INVESTOR ONLY. NOT FOR OWNER OCCUPATION.
RENT: $20,688pa
(approx. $1,724 per month)
INCREASE: With 4% annual increases between market reviews
RETURN: 6.2% (Gross)
LEASE: Until March 2023
OPTIONS: 1 x 5 year option
TENANT (MANTRA) PAYS:
- Owners corporation fees
- Council rates
- Water rates
- Insurance
- General maintenance
- Water usage
OWNER PAYS:
- Maintenance fund of approx. $510 per quarter
For further enquires, please call:
Nick Walters of Kingsford Property - the Serviced Apartment Specialists
(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 503/100 Exhibition St, Melbourne, VIC 3000
- 29 Aug 2018Sold for $315,000
- 11 Jul 2018Listed for Sale $333,000
- 20 Jul 2001Sold for $277,900
Recent sales nearby
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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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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