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Back 310/399 Bourke Street
Off Market

310/399 Bourke Street

Melbourne VIC 3000

1
1
Apartment
Madison HealyMadison Healy, last sold this property on 14 May 2026 after 29 days on market.

Overview

Character-Filled Foundry Apartment in Prime Bourke Street Location

Positioned within the iconic The Foundry building, Apartment 310/399 Bourke Street presents a rare opportunity to secure a beautifully maintained residence featuring a unique 1-bedroom layout-seldom offered and highly sought after within the building. Showcasing soaring ceilings and timeless heritage charm, the apartment has been thoughtfully updated with brand-new flooring, enhancing its already impressive sense of space and style. The light-filled living and dining area offers a comfortable and versatile layout, complemented by a well-appointed galley kitchen featuring quality appliances and ample storage. The generously sized bedroom includes built-in robes, while the modern bathroom is neatly finished and incorporates a convenient Euro laundry. Offered in excellent condition throughout, the property also presents the potential for furniture inclusion, making it an ideal turnkey option for both owner-occupiers and investors. For investors, this is an outstanding opportunity to capitalise on strong rental performance, with low ongoing outgoings and the ability to achieve a high rental return. The property is expected to deliver an attractive gross yield of approximately 9.5%, making it a compelling addition to any portfolio. Perfectly located in the heart of the CBD, enjoy immediate access to Bourke Street Mall, Hardware Lane, and Chinatown Melbourne, along with world-class dining, retail, and public transport all at your doorstep. A superb blend of heritage elegance, strong investment appeal, and modern comfort in an unbeatable city location.

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 310/399 Bourke Street 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 310/399 Bourke Street

2026
Sold
Undisclosed
14 May 2026 by Madison Healy, of BRADY residential
2024
Sold
Undisclosed
12 May 2024 by Gavin Liu, of Hoyee Property Group

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, 586 one-bedroom apartments similar to 310/399 Bourke Street, have been sold.

This represents a 13% 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

  •   4.9   (237 reviews)
  •  21 Reviews in Melbourne
  •  55 Sales in Melbourne
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Annamaria Stella

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

  •   5   (380 reviews)
  •  19 Reviews in Melbourne
  •  12 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   (113 reviews)
  •  17 Reviews in Melbourne
  •  13 Sales in Melbourne
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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   (56 reviews)
  •  8 Reviews in Melbourne
  •  11 Sales in Melbourne
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