601/47 Lonsdale StreetMelbourne VIC 3000
Property Details for 601/47 Lonsdale St, Melbourne
601/47 Lonsdale St, Melbourne is a 2 bedroom, 1 bathroom Unit.
Last Listing description (September 2025)
SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 27 years' experience in the serviced apartment market.
If you would like to discuss your investment property options please call me on 0438 557 885.
Situated on the top floor and with the preferred Northerly aspect, this two bedroom Level 6 apartment has been recently refurbished and measures approximately 53 square meters.
Comprising a functional kitchen, open plan dining and lounge room leading to a Juliette balcony, neat fully equipped bathroom plus two excellent double bedrooms. The property is positioned in a prime Melbourne location at the top end of the CBD with major retail shops, restaurants, cafes and theatre precinct close at hand.
NB THIS IS FOR THE ASTUTE INVESTOR ONLTY - NOT FOR OWNER OCCUPATION
The apartment is presently leased to Comfort Hotels until 13th October 2027 with two further 10 year options thereafter.
NB: This lease offers "Owners Use" of 30 days per year. (Conditions apply)
Enjoy the benefit of a long term lease, minimal outgoings and a higher net return than traditional residential property.
IMPORTANT INFORMATION:
RENT: $27,787 pa
($533 per week approx.)
INCREASE: The lessor of CPI or 7%
increases from the 3rd year of each lease term (Between Market Reviews)
RETURN: 8.1% Gross
7.2% Nett
LEASE: Until October 2027
OPTIONS: Two x 10 Year Terms
TENANT (Comfort Hotels) PAYS:
Owners Corp Admin fees
Water rates
Insurance
General maintenance
OWNER PAYS:
Council rates: $ 1,189 pa
Maintenance fund: $1,826 pa
Inspection is by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
Nick@kingsfordproperty.com.au
Disclaimer: 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. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.
Property History for 601/47 Lonsdale St, Melbourne, VIC 3000
- 12 Mar 2025Listed for Sale $345,000
Recent sales nearby
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0About 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 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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