124/546 Flinders St

Off Market

124/546 Flinders St

Melbourne VIC 3000

0 m²

Studio

Vincent Duong, last sold this property on 14 December 2020 after 14 days on market.

Overview

CBD Cash-cow, near 9% yield

Unencumbered by long term hotel leases, and the flexibility to increase rental yield makes this an ideal investment. Currently performing above market expectation with gross yield of near 9%. Located in a growth pocket of Flinders Street, only a short stroll to Southern Cross Station, Coles, DFO, Melbourne Aquarium, Melbourne Exhibition Centre and of-course, the Crown Entertainment precinct. A seasoned performer throughout the years, paying homage to the adage, location, location, location! Tightly held by the owner since inception, this first-time opportunity presents itself to any astute investors. Also affordable for first-time buyers looking to owner occupy now and rent out later. Please contact agent to secure an inspection.

Features

1 bedroom

1 bathroom

0 m² lot size

Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Melbourne over the last 12 months, the estimated median property value of 124/546 Flinders St is $235k.

Median value

$235k

Estimated value range

$167k - $239k

Median days on market

Estimated value trend

18%

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 124/546 Flinders St

2025

Rented

Undisclosed

Leased on 19 May 2025 by Harcourts Rata & Co - Thomastown/Lalor

2024

Rented

Undisclosed

Leased on 17 Aug 2024 by Harcourts Rata & Co - Thomastown/Lalor

2023

Rented

Undisclosed

Leased on 05 Apr 2023 by Harcourts Rata & Co - Thomastown/Lalor

Happy sellers in Melbourne

82%

82% 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 115 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom studios in Melbourne

In the last 12 months, 6 one-bedroom studios similar to 124/546 Flinders St, have been sold.

This represents a 80% increase in one-bedroom studios sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Melbourne for a free market appraisal.

Annamaria Stella

at Twig Real Estate

(402 reviews)

Get a free market appraisal

Philip Middlemiss

at Re-define Real Estate

(130 reviews)

Get a free market appraisal

Dionne Wilson

at Harcourts Melbourne City

4.9

(243 reviews)

Get a free market appraisal

Catherine Sheo

at Samma Property Group

(68 reviews)

Get a free market appraisal

Nearby agents

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

Annamaria Stella

Sellers who recommend Annamaria Stella have praised them for being clear communication, local expert, responsive, dedicated, well-prepared, hard-working and reliable

5 (402 reviews)
32 Reviews in Melbourne
13 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 (130 reviews)
14 Reviews in Melbourne
10 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