Back 45/47 Lonsdale Street
Off Market

45/47 Lonsdale Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $187,000
Nick RichardsNick Richards, last sold this property on 03 September 2025 after 37 days on market.

Overview

Set & Forget Investment with a huge 9% ROI

Located in the heart of Melbourne's CBD, this well-presented studio apartment offers a rare opportunity to secure a smart investment in a premium location. Positioned on a high floor, the apartment enjoys stunning city views through wide windows, flooding the space with natural light and showcasing the vibrant city skyline. Inside, the apartment is comfortable, clean, and fully self-contained, featuring a modern kitchen with quality appliances, a crisp and stylish bathroom, and a functional open-plan layout designed for easy living. It comes fully furnished and maintained to a high standard, making it an ideal hassle-free investment. Leased to the reputable Comfort Hotel, this property delivers strong rental returns with minimal outgoings. With professional management already in place and a secure long-term lease, this is the ultimate "set and forget" investment-perfect for those looking to add a low-maintenance, high-performing asset to their portfolio. 2 x10 year lease - ends 2047 gross rental of $1557.63 pcm or $18,691.56 per year - 9% With low outgoings, professional management in place, and a long-term lease to a trusted hotel operator, this is the ultimate "set and forget" investment-ideal for those wanting hands-off income in a premium 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 45/47 Lonsdale 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 45/47 Lonsdale Street

2025
Sold
$187,000
Private Sale/Treaty on 03 Sep 2025 by Nick Richards, of Precinct 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 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 581 one-bedroom apartments similar to 45/47 Lonsdale Street, have been sold.

This represents a 14% increase in one-bedroom apartments sales when compared to the previous 12 months.

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