Under Offer 26/04/2024
$240,000
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715/480 Collins Street, Melbourne VIC 3000

Apartment
11
Block size: 1400 m² approx.

Resort-like lifestyle in the Heart of Melbourne

An exceptional city investment opportunity in the heart of Collins St surrounded by some of the best architecture and buildings Melbourne has to offer.

Recently refurbished in 2023 this studio apartment offers a well presented light filled space which includes a good size living area, stone-topped kitchen bench with an induction cooktop, built-in desk, stylish bathroom with a vogue designer flair and a good size balcony.

Currently a serviced apartment with Oak's on Collins and generating $21,857PA with 4 % increases every year provides for a great set and forget investment opportunity. The lease can be ended and vacant possession can be granted after 90 days notice allowing for flexibility when it comes to what you want to do with this studio.

Amenities included with this building:
- Gymnasium and swimming pool
- Conference Centre, Business Centre and a Boardroom
- Restaurant and a Food Court downstairs

A fantastic location within walking distance of Southbank, Crown Casino, and Southern Cross Railway Station as well as everything the Melbourne CBD has to offer.

Inspections by appointment

Features include: Close to Transport,Close to Shops,Pool,Kitchenette

Inspections

No open inspections scheduled.

Send an enquiry

Contact Nick Djorgonoski to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Property type:
Apartment
Block Size:
1400 *

Other Details

Lot:
715
Plan:
PS523999
Legal description:
715\PS523999
Nicholson Real Estate

Maps and area information

Block information
Block size: 1400 (approx)
Legal description: 715\PS523999
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

Looking to compare sales prices?

We found 50 apartments with 1 bedrooms that just sold near 715/480 Collins Street Melbourne

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
26 Sep 2022
Sold
Hayden Melbourne
Listed: 01/09/2022
Transfer type: Full transfer
08 Sep 2015
Sold
LJ Hooker City Residential
Listed: 16/05/2015
Transfer type: Full transfer

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Melbourne suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
29 years
Population
54,941
Listing ID: 182249441. This listing has been viewed 41 times. It was first displayed on 26/01/2024 and last updated on 26/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.