901/100 Exhibition StreetMelbourne VIC 3000
Property Details for 901/100 Exhibition St, Melbourne
901/100 Exhibition St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 656m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (May 2017)
Sitting on Level 9, this lovely two bedroom apartment offers a long term lease until 2038 and an outstanding rental return of $36,138 per year. With no council rates and no water rates to pay this is also a care free , set and forget property investment. With a long term lease to the Mantra Hotel that offers stability and no management fees this truly is the best type of investment in town. Other advantages of owning at the Mantra on Exhibition are no late payments of rent, no loss of rent due to being vacant. Your property is tenanted and you get a return 52 weeks of the year. You are not responsible for any damage and your property will be looked after by one of Australia's leading hotel chains. This property is perfect for self managed super funds or for smart investors looking for a steady income stream. LOcated in the Melbourne CBD, close Carlton and its amenities, a property inspection is a must. Fully furnished 2 bedroom apartment features: * Built-in wardrobes * Bathroom with shower-over-bath * Euro laundry * Floor to ceiling windows overlooking the tree-lined street * Spacious open-plan lounge/dining area * Kitchen with stone bench top * secure car park Don't wait , call Nick now on 0404099310
Property History for 901/100 Exhibition St, Melbourne, VIC 3000
- 02 May 2017Listed for Sale Offers over $480,000
- 28 Sep 2016Sold for $395,000
- 23 Mar 2016Listed for Sale Offers over $480,000
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 64,287 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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