Back 1407/5 Sutherland St
Off Market

1407/5 Sutherland St

Melbourne VIC 3000

1
1
45 m²
Apartment
Spencer NguyenSpencer Nguyen, last sold this property on 02 August 2018 after 157 days on market.

Overview

Gorgeous, Low Maintenance & Set in an Unbeatable Location!

It's all about quality and lifestyle at 1407/5 Sutherland Street, Melbourne! Featuring stylish interiors and a spacious open plan layout, this stunning one bedroom/one bathroom apartment has been cleverly designed to maximise panoramic views over the Melbourne CBD! Boasting contemporary finishes coupled with a contemporary floor plan, buyers will appreciate the substantial living and contemporary kitchen, complete with sleek cabinetry, stone surfaces and stainless steel appliances; and offers seamless flow to the well positioned balcony offering all-day sun and stunning open city views! A generous robed bedroom, contemporary bathroom ensure that all of your daily needs are met with ease. The specifications of the property are faultless with meticulous attention to detail shown throughout and features: split-system heating/cooling, plush carpeted flooring, quality fixtures. Set in an enviable location just moments from Melbourne's finest and complimented by an on-site gymnasium, pool, spa, building manager, and secure-swipe-entry - this apartment offers residents an enviable place to reside with superior amenities and a cosmopolitan lifestyle. With all the best of Melbourne's city amenities just a short walk away, enjoy exploring the gorgeous Flagstaff Gardens, Melbourne Central, Queen Victoria Market, world class universities, laneway cafes and restaurant culture or indulge in some of Melbourne's best shopping. With vacant possession available the owner occupier can move in, investors will enjoy a potential rental income of approximately $410 per week coupled with cheap body corporate fees, it will be a welcome addition to any portfolio. Be sure to take advantage of this rare opportunity today.

Features

1 bedroom
1 bathroom
45 m² floor area
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 1407/5 Sutherland St 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 1407/5 Sutherland St

2018
Sold
Undisclosed
02 Aug 2018 by Spencer Nguyen, of BRADY residential

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 131 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 606 one-bedroom apartments similar to 1407/5 Sutherland St, have been sold.

This represents a 10% increase in one-bedroom apartments sales when compared to the previous 12 months.

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