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Back 2508/442 Elizabeth Street
Off Market

2508/442 Elizabeth Street

Melbourne VIC 3000

1
1
1
Apartment
Last sold for $420,000
Ben VuBen Vu, last sold this property on 22 July 2026 after 103 days on market.

Overview

High-Yield CBD Investment - Fully Furnished with Up to 9% Return

• Spacious 1-bedroom, 1-bathroom apartment with secure car space • Estimated rental return of $740 per week • Fully furnished and ready for immediate rental income or future move-in • Unique and flexible layout with custom divider creating the potential for a second bedroom, study or home office • Enhanced separation between kitchen and living areas for improved privacy and comfort • Open-plan living and dining area with modern finishes • Floor-to-ceiling windows providing excellent natural light • Well-sized bedroom with built-in robes and balcony access • Access to premium Lighthouse facilities including a 25-metre indoor lap pool, sauna, steam room, fully equipped gymnasium, entertaining kitchen and bar area, and complimentary bicycle storage • Secure building with intercom access Welcome to 2508/442 Elizabeth Street, Melbourne - a rare opportunity to secure a versatile and high-performing apartment in one of Melbourne CBD's most sought-after residential towers. Perfectly positioned within the iconic Lighthouse Melbourne development, this fully furnished residence offers the ideal combination of lifestyle, flexibility and investment appeal. Whether you're an investor seeking strong rental returns or a future owner-occupier looking to enjoy the convenience of city living, this apartment presents exceptional value. Designed with practicality in mind, the apartment features a unique and flexible layout, enhanced by a custom divider that creates the potential for a second bedroom, home office or study area. The divider also provides greater separation between the kitchen and living zones, helping to minimise cooking odours and improve overall comfort. Floor-to-ceiling windows allow an abundance of natural light to flow throughout the apartment, while the open-plan living and dining area creates a welcoming space to relax or entertain. The generously sized bedroom features built-in robes and direct balcony access, while the modern kitchen is equipped with quality finishes and ample storage. Currently leased and fully furnished, the property offers immediate income with an estimated rental return of $740 per week, making it an attractive option for investors looking for strong cash flow in a prime CBD location. Enjoy unparalleled convenience with Melbourne's best amenities right at your doorstep: • Queen Victoria Market • Melbourne Central & QV Shopping Centre • RMIT University • University of Melbourne • State Library Victoria • Free Tram Zone • Cafés, restaurants and everyday amenities Combining strong rental returns, a flexible floorplan, secure car parking and an unbeatable location, this is an outstanding opportunity to secure a quality apartment in the heart of Melbourne CBD. For more information or to arrange an inspection, please contact Jolene Tan on 0466 366 041 today.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
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 2508/442 Elizabeth Street is $350.11k.

Median value
$350.11k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
2%
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 2508/442 Elizabeth Street

2026
Sold
$420,000
22 Jul 2026 by Ben Vu, of Ray White Southbank | Melbourne City

Happy sellers in Melbourne

86%
86% 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 121 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 575 one-bedroom apartments similar to 2508/442 Elizabeth Street, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 19 local reviews across the last 12 months.

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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

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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   (122 reviews)
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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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