Back 403/225 Elizabeth Street
Off Market

403/225 Elizabeth Street

Melbourne VIC 3000

2
1
Apartment
Last sold for $340,000
Sam AbboudSam Abboud, last sold this property on 14 May 2009 after -5085 days on market.

Overview

PERFECT LOCATION

Positioned in an enviable central CBD location on Elizabeth Street and only moments from Melbourne's finest boutique shopping, the NOVA continues to present an exceptional investment or residence for buyers in the architecturally designed building by Fender Katsalidis. Located on the fourth floor, this two bedroom apartment comprises; entrance opening onto the spacious open plan living and dining, kitchen featuring marble bench tops and stainless steel appliances, master bedroom with built in robes and a second bedroom or study. Features include; video security, ducted heating and air conditioning, modern bathroom with laundry facilities inclusive. Current rental return of $400 per week makes this apartment a very attractive investment opportunity. Sam Abboud : 0401 434 329

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 403/225 Elizabeth Street is $545.26k.

Median value
$545.26k
Estimated value range
$230k - $2.95m
Median days on market
48
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 403/225 Elizabeth Street

2021
Rented
Undisclosed
Leased on 30 Aug 2021 by Lynda White Real Estate
2009
Sold
$340,000
Private Sale/Treaty on 14 May 2009 by Sam Abboud, of Woodards Carlton

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 2 bedroom apartments in Melbourne

In the last 12 months, 818 two-bedroom apartments similar to 403/225 Elizabeth Street, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

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