Back 207/408 Lonsdale St
Off Market

207/408 Lonsdale St

Melbourne VIC 3000

1
1
Apartment
Last sold for $200,000

Overview

A prime investment in a prime location!

A SUPER investment opportunity in the prime location of Lonsdale Street, this spacious studio apartment will be great asset and addition to your property portfolio. Currently tenanted until 2017, showing impressive returns and very reasonable outgoings. Ideally positioned with public transport literally at your doorstep, within close proximity of Emporium shopping mall, Melbourne Central and an array of exquisite CBD restaurants and cafes. Enquire now to arrange a private appointment and obtain an investment report to see exactly how well the numbers stack up with this 'cash cow' investment.

Features

1 bedroom
1 bathroom
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 207/408 Lonsdale St is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
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 207/408 Lonsdale St

2020
Rented
Undisclosed
Leased on 27 May 2020
2018
Rented
Undisclosed
Leased on 02 Mar 2018 by Belle Property Carlton | Melbourne | North Melbourne
2018
Rented
Undisclosed
Leased on 02 Mar 2018 by Belle Property Carlton | Melbourne | North Melbourne

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 587 one-bedroom apartments similar to 207/408 Lonsdale St, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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