B2/57-59 Flinders LaneMelbourne VIC 3000
Property Details for B2/57-59 Flinders Lane, Melbourne
B2/57-59 Flinders Lane, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1929. The property has a land size of 536m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (July 2020)
With an enviable Flinders Lane address at the Paris End of town and warehouse feel, this charming 1-bedroom gem is one for the future.
HOTEL LEASE INVESTORS ONLY
- Highly desired Paris End Location
- Quiet position in boutique block
- Soaring exposed concrete ceiling and pillars
- Full width window surrounded by original red brick
- Sleek kitchen, with ample cupboard and bench space
- Generous open plan living/dining area
- Huge bedroom with built in robes
- Spacious bathroom with Euro Laundry
- Able to owner occupy in next 7 years
Hotel Lease ending November 2021 with 1 further 6-year option at the tenants discretion
Investment information:
-Rent is $1,424 pcm (please note during covid this figure will temporarily be reduced)
Annual Outgoings:
-Water Rates - $663
-Council Rates - $1,101
-Owners Owners Corporation fees - $4,730
-Admin fund contribution: $3,452 paid by tenant
Total Outgoings PA - $3,043
Whilst every care is taken to ensure accuracy of the sizes, plans and information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation and seek independent professional legal advice.
Property History for B2/57-59 Flinders Lane, Melbourne, VIC 3000
- 02 Jun 2020Sold for $290,000
- 12 Feb 2020Listed for Sale $320,000
- 06 Jun 2006Sold for $166,500
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 64,270 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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