Back 109/441 Lonsdale Street
Off Market

109/441 Lonsdale Street

Melbourne VIC 3000

2
1
Apartment
Last sold for $330,000
Vincent DuongVincent Duong, last sold this property on 19 April 2026 after 12 days on market.

Overview

Heritage Apartment with strong 8.3% Yield

This securely leased investment is set within a distinctive heritage conversion in the heart of Melbourne’s legal precinct. Originally a textile warehouse from the early 1900s, the building’s impressive façade and architectural character remain a defining feature. This two-bedroom apartment showcases classic living with soaring high ceilings, expansive steel-framed windows and hardwood floors. The detailing reflects the building’s heritage, while modern updates provide contemporary comfort. Perfectly positioned moments from the courts, universities, Queen Victoria Market, cafés, boutiques and public transport, the location offers exceptional CBD convenience. Key Features: • Exceptionally priced • Securely leased at $25,800 pa • Up to 8.3% yield • Flexible floorplan allowing potential to enlarge living areas • Soaring high ceilings and large steel-framed windows • Well-sized bedrooms, generous open-plan living and dining area • Modern kitchen with electric stove tops and oven • Hardwood floorings in living areas • Secure intercom entry • Low density building with approx. 62 apartments • Prime CBD location near courts, universities and Queen Victoria Market An ideal opportunity for astute investors seeking strong returns or owner occupiers wanting a unique city residence. ** Furniture are for illustrative purposes only **

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 109/441 Lonsdale Street is $545.35k.

Median value
$545.35k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
decrease 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 109/441 Lonsdale Street

2026
Sold
$330,000
19 Apr 2026 by Vincent Duong, of Galldon Real Estate
2024
Rented
Undisclosed
Leased on 19 Dec 2024 by Galldon Real Estate
2023
Rented
Undisclosed
Leased on 13 Nov 2023 by Galldon Real Estate

Happy sellers in Melbourne

84%
84% 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 133 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 813 two-bedroom apartments similar to 109/441 Lonsdale Street, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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