Back 1003/280 Spencer St
Off Market

1003/280 Spencer St

Melbourne VIC 3000

1
1
1
Apartment
Anthony CiminoAnthony Cimino, last sold this property on 14 July 2026 after 82 days on market.

Overview

Investors benefit from 8% gross yield (approx.) in the heart of CBD

Rental Current rental $510 per week lease until February 2027 Outgoings Owners Corporation $4,678 pa Council Rates $916 pa Water Rates $704 pa 8% gross yield on the asking price of $339,000 Located at the ever-popular west-end of Melbourne's buzzing CBD is this smart and stylish entry level pad! Located in Mondriane Tower and tailor-made for first time buyers and those who want to secure an appealing city investment, this 1-bedroom apartment has an array of exciting modern hallmarks. This property is located on the 10th floor and will be an absolute cinch to maintain. A long entry hallway extends into the carpeted living and meals zone, which further opens out to the charming undercover balcony. Incorporated into the living space is the sleek kitchen which has timber floors underfoot, as well as the advantage of stone benchtops and stainless steel appliances. As part of the Mondriane, you'll also have enviable access to a swimming pool and gymnasium on the top level. • Gorgeous bathroom with eye-catching tiling and benchtop plus an oversized mirror • Bedroom features built-in robe storage • Reverse cycle heating and cooling • European laundry facilities • Secure car space on title • Secure intercom entry plus an on-site building manager • A stone's throw to Southern Cross Station with DFO shopping • Near Coles supermarket and Asian grocery store • Short walk to Flagstaff Gardens and Queen Victoria Market • All the attractions of the Docklands including Marvel Stadium are close by • Enjoy an array of superb city restaurants and bars • In the free tram zone • Easy access to the airport via the SkyBus from the station

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1003/280 Spencer St is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1003/280 Spencer St

2026
Sold
Undisclosed
14 Jul 2026 by Anthony Cimino, of Inner Real Estate NextRE
2023
Rented
Undisclosed
Leased on 06 Dec 2023 by Property X
2021
Rented
Undisclosed
Leased on 03 Nov 2021 by Property X

Happy sellers in Melbourne

86%
86% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 124 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 582 one-bedroom apartments similar to 1003/280 Spencer St, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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