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Back 2706/288 Spencer Street
Off Market

2706/288 Spencer Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $310,000
Leyton TaylorLeyton Taylor, last sold this property on 03 January 2023 after 105 days on market.

Overview

10% Yield Cash Flow Generator

Top Airbnb Candidate - Occupancy Estimate: 80% - Estimated Weekly Return (net): $650pw (Quoted conservatively) - Yearly Return (net): $33,800 - Yield: 10.6% Locations really don't get any better than this. You'll feel like the great city of Melbourne is all yours as you gaze over its skyline from your living room window. Positioned on the 27th floor of the Atlantis residential complex, this 1 bedroom apartment offers an affordable entry into the city market for both owner-occupiers and investors. Flooding with glorious natural light, the apartment features a generous open plan living area with private balcony showcasing spectacular views over to Docklands and West Melbourne. The kitchen has plenty to offer with bright white fittings that help this space feel super clean, ample storage space and plenty of bench space. The dining and living area is the perfect setting for intimate dinners and everyday living. The spacious bedroom includes BIR's and is complemented by the separate bathroom and continental laundry. The picture is complete with secure entry, split system heating/cooling and access to building facilities including swimming pool, sauna and fully equipped gym. You really are in an unbeatable location close to public transport so it's easy to get around the city and beyond. Coles and Queen Victoria Market are on your doorstep, as is fantastic nature at nearby Flagstaff Gardens and the Yarra River. You'll be able to enjoy Melbourne's foodie hotspots, along with entertainment, culture, sporting events and more. Proudly presented to you by the team at Motion Property.

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 2706/288 Spencer Street 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 2706/288 Spencer Street

2023
Sold
$310,000
Private Sale (EOI) on 03 Jan 2023 by Leyton Taylor, of Motion Property

Happy sellers in Melbourne

83%
83% 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 129 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 611 one-bedroom apartments similar to 2706/288 Spencer Street, have been sold.

This represents a 8% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 16 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
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  •  16 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 honest

  •   5   (117 reviews)
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Catherine Sheo

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

  •   4.9   (56 reviews)
  •  8 Reviews in Melbourne
  •  12 Sales in Melbourne
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