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Back 107/267 Flinders Lane
Off Market

107/267 Flinders Lane

Melbourne VIC 3000

1
1
1
Apartment
Last sold for $220,000
Max HuiMax Hui, last sold this property on 22 June 2023 after 30 days on market.

Overview

SOLD OFF MARKET - please contact Max Hui on 0430 238 021 for more details.

-Located in the Punthill Serviced Apartments on Flinders Lane. -Current rental returns of $1573 per month, adjusted based on CPI. -Rental investment return on the property is 8% approximately -Fixed lease agreement in place until March 2032. -Property also comes with a rare secure car space on title. -You have the energetic Degraves Street at your doorstep. -Also close to Arts Precinct attractions and Flinders Street Station. Located in the Punthill Serviced Apartments on Flinders Lane which truly offers you one of the best locations just steps to the city's premier restaurants, bars, and boutique shops, this fully-furnished 1 bedroom apartment is an investment you need to take seriously! Whether you're starting your investment journey or are wanting to hop aboard the train for the first time, this property is your perfect match. The current rental returns of this dwelling equate to $1573 which is adjusted for CPI, with the rental investment return coming in approximately 8%. The property also has a fixed lease agreement in place until March 2032. The apartment itself is modern and immaculate, and comes with relaxed living/meals, functional kitchen with cooktop, fridge, and microwave included, spacious and open plan bedroom with mirrored built-in robe, stylish bathroom, heating and cooling, and secure intercom entry. You have the lively Degraves Street at your doorstep which gives you an abundance of options for weekend dinners and quick weekday coffees. You're also so close to Federation Square, Bourke Street Mall, Birrarung Marr, Melbourne's Arts and Cultural attractions including Hamer Hall and The Arts Centre, free trams, and Flinders Street Station. *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

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 107/267 Flinders Lane is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
36
Estimated value trend
1%
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 107/267 Flinders Lane

2023
Sold
$220,000
22 Jun 2023 by Max Hui, of Ray White Southbank | Melbourne City
2012
Sold
Undisclosed
Private Sale/Treaty on 13 Dec 2012

Happy sellers in Melbourne

83%
83% 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 128 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 611 one-bedroom apartments similar to 107/267 Flinders Lane, have been sold.

This represents a 8% increase in one-bedroom apartments sales when compared to the previous 12 months.

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