Back 4/15 Rankins Lane
Off Market

4/15 Rankins Lane

Melbourne VIC 3000

1
1
Apartment
Flo DjajaFlo Djaja, last sold this property on 08 October 2025 after 19 days on market.

Overview

EOI Ending Fri 17 Oct 5pm - Unique Industrial-Style Studio Apartment in Rankins Lane

EOI due on 17th Oct by 5 pm (unless sold prior) Positioned in an incredible blue-chip location just 100 metres from the Bourke Street Mall with very low body corporate fee only $874.30/pa, this unique industrial-style studio apartment offers a rare and enviable lifestyle in the vibrant heart of Melbourne. As you approach the building, you will feel a deep connection to Melbourne's rich history in this quiet lane just off Little Bourke Street. Step inside this converted garage and take in elements of an industrial New York-style loft such as high ceilings, exposed brickwork and pipes, and floor-to-ceiling bookshelves. The living area is spacious with ample storage, and kitchen facilities include a wall oven, bench space for preparing meals, open shelving, and even a dishwasher. The bedroom area has been cleverly tucked away for enhanced privacy, and takes advantage of the high ceilings with a second loft bed. With floor-to-ceiling white tiles, the bathroom is light and airy with a separate toilet, and the apartment is self-contained with Miele washing machine and dryer facilities. Zoned Residential and Commercial, you have the option to use this space as a residential apartment or for commercial purposes offering flexibility of use. Presented to the market for the first time since 1996, this apartment is unique as there is nothing else in Melbourne like this. Located in the centre of the city, the Bourke Street Mall is just around the corner with Myer, designer clothing stores, and eateries, and a tram stop right out the front. With an abundance of restaurants, boutique stores, and gourmet coffee bars along the street, you will be spoilt for choice with dining options and places to meet up with friends. Set in an enviable urban location, this property offers exceptional lifestyle appeal. - Converted garage to apartment in a quiet laneway - Industrial-style studio apartment - Spacious living area with floor-to-ceiling bookshelves - Bedroom area tucked away - Kitchen with a Miele wall oven and microwave - Bathroom with a separate toilet - Self-contained apartment with clothes washing facilities - Loft storage above the bathroom - First time on the market since 1996 - Zoned Residential and Commercial - Only 9 units in the building - Prime inner city location - Walking distance to QV Market, MCG, Art Centre and tram stop or Flinders Station just steps away Body corporate fee is $874.30/pa Council Rate is $239.36/pa Property Code: 647

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 4/15 Rankins Lane is $345.75k.

Median value
$345.75k
Estimated value range
$39k - $935k
Median days on market
36
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 4/15 Rankins Lane

2025
Sold
Undisclosed
Private Sale/Treaty on 08 Oct 2025 by Flo Djaja, of Melbourne Residential Real Estate

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, 585 one-bedroom apartments similar to 4/15 Rankins Lane, have been sold.

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

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