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Back 1103/23 MacKenzie Street
Off Market

1103/23 MacKenzie Street

Melbourne VIC 3000

1
1
1
Apartment
Last sold for $415,000
F.R. CheeF.R. Chee, last sold this property on 12 February 2025 after 280 days on market.

Overview

High Yield and Secure Investment - 7.9% P.A. Gross Rental Return

Explore an exclusive opportunity within luxurious Conservatory Apartment, an architectural masterpiece located in the prestigious East End of Melbourne CBD. With key amenities within your fingertip, it is situated within walking distance of world-leading universities such as Melbourne Uni and RMIT, as well as prominent shopping centres including QV, Emporium, and Melbourne Central. It is also located within the free tram zone and close to 2 major train stations providing quick and easy access around. The proximity to iconic landmarks such as the State Library of Victoria, IMAX theatre, Carlton Gardens and the Royal Exhibition Building further enhances the social and cultural connectivity of this prime location. Key Highlights Of This Amazing Property: Prime Investment Location, Attracting High Yield Rental: - Highly sought-after location with easy access to Melbourne's key amenities attracts high tenant demand and potential capital growth. - Currently leased at $2,824 per month (approx. 7.9% p.a. gross rental return), offering lucrative investment potential. Furniture and Appliances Included: - Fully furnished with high-quality furniture and appliances, offering a hassle-free move-in experience. Furniture and appliances included as seen in advertising photos. List available on request Car Parking on Title: - Includes 1 secure off-street parking space, a rare feature among one-bedroom apartments in the market. Conservatory's interiors exude sophistication and contemporary appeal. The sleek finishes and elegant timber floors are complemented by the abundance of natural light that fills the space. The European-styled kitchen, complete with high-quality Miele appliances, adds a touch of luxury. The apartment is also fully furnished with carefully selected and high quality furniture and appliances, taking the hassle out of moving in and focuses on the most important thing, living in comfort and stylish environment. In addition to its exceptional interior and finishes, residents gain exclusive access to luxurious amenities and common services. From a golf simulator room to a private cinema, every detail has been carefully considered. The building also features a dedicated concierge, above ground pool, sun deck, gymnasium with a dedicated yoga zone, sauna room, and steam room. Residents will be spoilt for choice with hosting outdoor entertaining by taking advantage of the private outdoor terraces, complete with BBQ pits. The skydeck provides residents with breathtaking views of the city skyline and the serene Carlton Gardens while lounging in the heated outdoor spa. Conservatory represents the realization of a dream - to experience garden living in the sky, right in the heart of Melbourne's CBD sought after East End. With so much to offer, contact the agent now to discuss in more detail of what this amazing apartment has to offer.

Features

1 bedroom
1 bathroom
1 carspace
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 1103/23 MacKenzie Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
34
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 1103/23 MacKenzie Street

2025
Sold
$415,000
Private Sale/Treaty on 12 Feb 2025 by F.R. Chee, of CT Real Estate
2024
Rented
Undisclosed
Leased on 20 Oct 2024 by CT Real Estate
2023
Rented
Undisclosed
Leased on 28 Jun 2023 by CT 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 120 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 576 one-bedroom apartments similar to 1103/23 MacKenzie Street, have been sold.

This represents a 24% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 12 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
  •  19 Reviews in Melbourne
  •  12 Sales in Melbourne
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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (241 reviews)
  •  16 Reviews in Melbourne
  •  43 Sales in Melbourne
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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and reliable

  •   5   (123 reviews)
  •  16 Reviews in Melbourne
  •  14 Sales in Melbourne
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

  •   5   (60 reviews)
  •  9 Reviews in Melbourne
  •  12 Sales in Melbourne
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