LEVEL 1/539-545 Flinders Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 1/539-545 Flinders Lane
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1740m2
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Property Details for Level 1/539-545 Flinders Lane, Melbourne

Building Type
Land
Land Size
1740m2
Local Government
Melbourne
Lot/Plan
1/TP161650

Last Listing description (December 2022)

EXPRESSIONS OF INTEREST NOW CLOSED

JLL Melbourne Commercial Sales and Hotels & Hospitality Group are pleased to have the exclusive privilege of offering for sale an exceptional development opportunity, Flinders Bloque, 539-545 Flinders Lane, Melbourne.


Key details of the opportunity include:
- A distinctively designed and permit approved development project comprising two buildings of 30 and 24 storeys.
- Approved Gross Floor Area 22,591sqm situated on a strategic Melbourne CBD landholding spanning an entire city block.
- Protected view corridors by virtue of strata titled ownership of neighbouring buildings.
- Ground floor design provides opportunity to create a new Melbourne laneway.
- Highly flexible Capital City Zoning allowing for a range of uses including residential, commercial office, build-to-rent, co-living and hotel accommodation (STCA).
- Substantial existing improvements with short term lease in place.
- Ideally placed to benefit from major commercial and mixed-use developments either recently completed or under construction.
- Excellent connectivity to an array of public transport, with Southern Cross Station just moments away.
- One of only a select few permit approved landholdings to be offered to the market in 2021/2022.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Josh Rutman | 0411 27 37 46
Peter Harper | 0412 560 246
Nick MacFie | 0415 673 197
Mingxuan Li | 0498 688 998

Permit approved Melbourne CBD landholding
Dual street frontages to Flinders Street & Flinders Lane
Surrounded by major commercial developments

Property History for Level 1/539-545 Flinders Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$19,918,950
03 Jun 2016
  • 23 Sep 2021
    Listed for Sale Contact Agent
  • 03 Jun 2016
    Sold for $19,918,950
  • 07 Apr 2016
    Listed for Sale EXPRESSIONS OF INTEREST
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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 64,264 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.
There are currently 278 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2691 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.