38/4 Royal Lane

Fitzroy VIC 3065

Apartment

Last sold for $360,000

Sonya Laferla, last sold this property on 08 April 2026 after 41 days on market.

Overview

High-performance investment - suitable for investors only

*** Inspection by appointment only please contact the agent*** Astute investors will recognise the appeal of a tightly held asset within the esteemed Comfort Apartments Royal Gardens complex, a blue-chip holding that combines strong income with long-term capital security. Operating as serviced, self-contained accommodation, this ground-floor, one-bedroom residence delivers a robust annual return of $22,100, underpinned by zero vacancy. Set amid established, manicured grounds, the complex provides premium resident amenities including an outdoor swimming pool and barbecue facilities. The location speaks for itself: moments from the CBD, the Royal Exhibition Building and Carlton Gardens, and the dining and cultural energy of Brunswick and Gertrude Streets. Immediate access to trams, Melbourne University and St Vincent's Hospital further reinforces its investment credentials. - Secure 5-year lease in place with two additional 5-year options, offering up to 15 years of predictable income security. - Light-filled open-plan living and dining domain extending to a private balcony. - Contemporary kitchen appointed with quality appliances and ample storage. - Generous double bedroom with built-in robes, ceiling fan and private ensuite (shower over bath configuration). - Internal laundry facilities, split-system heating and cooling, plus a dedicated on-title car space enhancing both rental appeal and resale liquidity.

Features

1 bedroom

1 bathroom

1 carspace

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fitzroy over the last 12 months, the estimated median property value of 38/4 Royal Lane is $520k.

Median value

$520k

Estimated value range

$305k - $824k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Fitzroy. 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 38/4 Royal Lane

2026

Sold

$360,000

Private Sale/Treaty on 08 Apr 2026 by Sonya Laferla, of Nelson Alexander Fitzroy

Happy sellers in Fitzroy

We have insufficient information to provide an overview of customer satisfaction for Fitzroy. Viewing the agent profiles, reviews and sales for Fitzroy can provide insights for this location.