813/480-490 Collins StreetMelbourne VIC 3000
Property Details for 813/480-490 Collins St, Melbourne
813/480-490 Collins St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 1400m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2022)
Clever opportunity for investors.
A sizeable balcony adds to the larger-than-normal internal space.
Supremely located North facing.
An extraordinary inner-city investment opportunity in the sought-after 'Golden Mile' of Collins St, this stylish, north-facing, studio sits on the 8th floor of the renowned 'Oaks on Collins' Building. With a promise of excellent occupancy and impressive gross ROI of around 7%++
per annum, this is at the pinnacle of Melbourne's investment opportunities.
This apartment has a sizeable balcony adding to the larger than normal internal space, making this unit one of the larger types in the building. Inside the fully appointed and refurbished studio includes stone benches, air-conditioning, robes, and a fully equipped kitchen. Take the opportunity to purchase one of Australia's leading Hotel chains and capitalize on this sound investment. Take the time to inspect or ask for a copy of the contract.
Supremely located on the Golden Mile, this stylish "Oaks on Collins" studio poses a clever opportunity for investors. Meticulously maintained and fully appointed, this open-plan apartment allows for flexible living. Enjoy a lifestyle of luxe convenience with resort facilities, financial and legal precincts, free city trams, and trendy laneway cafes and restaurants at your doorstep.
Property History for 813/480-490 Collins St, Melbourne, VIC 3000
- 18 Jul 2022Sold for $182,500
- 06 Jul 2022Listed for Sale CONTACT AGENT
- 20 Nov 2004Sold for $227,000
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 64,268 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:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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