606/166 Flinders Street, Melbourne, VIC 3000 sold on 03 April 2025 | OnTheHouse
 
SOLD
Sold on 03 Apr 2025 for $339,428

606/166 Flinders Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Land area: 499m2
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Property Details for 606/166 Flinders St, Melbourne

606/166 Flinders St, Melbourne is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 499m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1920
Land Size
499m2
Local Government
Melbourne
Lot/Plan
606/PS331368

Last Listing description (May 2025)

If youre a serious renovator, keen for a project, we have a rare opportunity for you!
- Two apartments on separate titles being offered as one
- Unit 605 is 68m2, 606 is 72m2 (total of 140m2 internal)

- Renovate & keep them separate or join them for a WOW apartment
- Set atop Cosmopolitan Apartments the former Masonic Club Building
- Built in 1927 and subdivided in 1995
- Building has just completed a full faade restoration & looks amazing
- These tri-level apartments each contain.
- Kitchen with open living, dining
- 2 Bedrooms, 1 Bathroom
- Balconies on lower levels and roof top terraces with iconic views
- Roof terraces capture stunning views including domes of the Forum theatre
- Moments from Melbourne's best restaurants, bars & laneways
- Situated above Movida, Forum theatre & the famous Hosier Lane
- Excellent transport with free trams & Flinders Street Station at your door
- Note: the apartments need serious renovations, experience recommended
- Limited only by your imagination and your budget, get in quick to inspect this pair

EXPLANATION OF THE OWNERS CORPORATION FEES

Owners Corporation Fees are made up of two components.
Administration Fund & Maintenance Fund.
166 Flinders St has recently undergone a full faade restoration. The increased Maintenance Fund finishes in December 2025, when the loan will be repaid in full.

Current Annual Fees until 31 December 2025 are,

605 Administration Fund - $7,917.80
605 Maintenance Fund - $10,954.60
(Total pa. to December 31st, 2025 $18,872.40)

606 Administration Fund - $7,308.80
606 Maintenance Fund - $10,112.00
(Total pa. to December 31st, 2025 $17,420.80)

These will be adjusted at settlement, so you only pay the portion of your ownership

Owners will vote on a new Maintenance Fund at the AGM scheduled for the end of March 2025.
Based on the proposed new budget, awaiting ratification, annual fees will be approximately.

605 Administration Fund - $7,917.80
605 Maintenance Fund - $1,000.00
(Total pa from January 1st, 2026 $8,917.80)

606 Administration Fund - $7,308.80
606 Maintenance Fund - $1,000.00
(Total pa from January 1st, 2026 $8,308.80)

Approximate total for the pair, awaiting ratification is $17,226.60

NOTE: Please carefully read the section 32 and seek your own independent legal and financial advice.

What is WHU?

Warehouse, Heritage & Unique or what our team refers to as WHU is a category of property that differentiates from the others.
This symbol appears on the properties that our team have identified as exhibiting one or more of these characteristics.

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100 Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.

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Property History for 606/166 Flinders St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$339,428
03 Apr 2025
  • 03 Apr 2025
    Sold for $339,428
  • 11 Mar 2025
    Listed for Sale Auction
  • 08 Dec 1994
    Sold for $205,700
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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 64,286 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.
There are currently 238 properties listed for sale, and 370 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2762 properties were sold in the past 12 months in Melbourne.

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