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Back 1308/480 Collins St
Off Market

1308/480 Collins St

Melbourne VIC 3000

1
Apartment
Last sold for $219,000
Cici YangCici Yang, last sold this property on 02 August 2025 after 11 days on market.

Overview

Sophisticated Studio Living with Guaranteed Rental Income!

Currently Leased to Oaks on Collins Rental: $23,575.87 p.a. (8.2% return on asking price approx.) Lease: The lease is flexible if you want to owner occupy either party can give 90 days notice to vacate. It also allows you to stay for short period of time as owner occupy and they will pro rata the rental income. Outgoings: Council Rates: $256.5 per quarter approx. Water Rates: $184.27 per quarter approx. Owners Corporation Fees: $939 per quarter approx. Maximizing space with a sleek open-plan design, this stylish studio apartment is ideal for modern professionals seeking a city base or a smart investment. Located within the Oaks on Collins complex, residents enjoy access to premium amenities, including a fully equipped gym, pool, and sauna. Positioned in the heart of Melbourne's vibrant CBD, this residence offers effortless access to iconic attractions such as Bourke St Mall, QV, Melbourne Central, Southern Cross and Flinders St Stations, Federation Square, Queen Victoria Market, Crown Casino, and the Yarra River. * Open-plan living, dining, and kitchen with a dedicated bedroom zone featuring built-in robes * Well-appointed kitchen with stovetop, oven, and integrated dishwasher * Stylish bathroom with shower, vanity, and toilet * Split-system heating and air conditioning for year-round comfort * Access to on-site amenities, including a gym, pool, and sauna * Prime location within walking distance of Melbourne's best shopping, dining, and entertainment * Conveniently close to major transport hubs, including Southern Cross and Flinders Street Stations Please contact either Cici on 0452 631 220 or Wing 0434 562 662 for an inspection ASAP.

Features

1 bathroom
Apartment

Estimated Value

Based on this property and similar apartments sold in Melbourne over the last 12 months, the estimated median property value of 1308/480 Collins St is $214k.

Median value
$214k
Estimated value range
$167.5k - $305k
Median days on market
84
Estimated value trend
10%
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 1308/480 Collins St

2025
Sold
$219,000
Private Sale/Treaty on 02 Aug 2025 by Cici Yang, of Cedar Elm Property
2015
Sold
$285,000
Private Sale/Treaty on 25 Aug 2015 by Vicky Leong, of Landmark Real Estate Melbourne (Ray White Melbourne CBD)
2014
Sold
Undisclosed
Private Sale/Treaty on 30 Jul 2014 by Martin Mashni, of Dingle Partners

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 apartments in Melbourne

In the last 12 months, 15 apartments similar to 1308/480 Collins St, have been sold.

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

Nearby agents

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Dionne Wilson

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 13 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
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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 honest

  •   5   (113 reviews)
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (55 reviews)
  •  8 Reviews in Melbourne
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