506/1 Manchester LaneMelbourne VIC 3000
Property Details for 506/1 Manchester Lane, Melbourne
506/1 Manchester Lane, Melbourne is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1884. The property has a land size of 485m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 0 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (May 2026)
Contemporary class and studio sophistication, this stunning 'Merrigold on Collins' apartment (at the corner of 241 Collins St) captures the beauty of modern style to create a carefree city lifestyle in this Art Nouveau style boutique complex. Originally built in 1884, remodelled in 1912 and converted to apartments in 2008, the 5th-floor position exudes a distinct New York vibe. Inside, timber detailing merges with a splendid open-plan environment where the living, dining, and kitchen seamlessly coexist with the bedroom via a step-down, and where a discreet pull-out bed can be hidden from view. The kitchen is equipped with electric cooking appliances, a dishwasher, plenty of cupboard space, and a split-system air conditioner. The bathroom includes a tiled shower, toilet, and vanity, plus a separate laundry space. Based in the heart of the city, flanking cosmopolitan Collins St out front, and with outstanding access to Melbourne's famous laneway restaurants, fashion stores and nightlife. Only a short stroll from Town Hall and Flinders Street stations, Fed Square, Yarra River, Melbourne Central, Melbourne Aquarium, Regent Theatre, Crown Complex and Queen Vic Market. Ideal starter in budget range or an outstanding investment with great rental yield potential.*Please note: Virtual furniture placed in photography. Whilst every care is taken to ensure the accuracy of the sizes, plans & information contained herein, no guarantees or warranties are given. Clients must make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.*
Property History for 506/1 Manchester Lane, Melbourne, VIC 3000
- 04 Mar 2026Sold for $320,000
- 08 Feb 2026Listed for Sale $300,000 to $320,000
- 04 Feb 2010Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/i2i2pecblqi6zjbg7ojgrkfdfa?signature=34fa023cdab4b08b3ec0019e9607fb4120af86961a3b09ca73eb2b0254bc52a7){kind=logo}
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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 64,252 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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