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Off Market

5/27 Flinders Ln

Melbourne VIC 3000

1
1
0 m²
Apartment
Last sold for $575,000
Luke PiccoloLuke Piccolo, last sold this property on 24 November 2017 after 29 days on market.

Overview

Chic, award-winning designer warehouse conversion

Having won many interior design awards, this wonderful NY-style warehouse conversion will delight you and impress all your friends! Larger than most one-bedrooms at over 65sqm, the 4m ceilings, wrap-around windows and entrance hall all create an ambiance full of spacious, chic designer flair. Right next door to Cumulus and around the corner from many of Melbourne's famous eateries, you will never have to cook a meal in the beautiful stainless steel open-plan kitchen. This dynamic apartment was part of a redevelopment of an old warehouse building in Melbourne's CBD 15 years ago, but it was recently redesigned by an award-winning sustainable designer who added an incredible rotating bookshelf made from recycled timber, which has seen the apartment featured in design blogs and magazines all over the world. With beautiful open space, marble benchtops in the bathroom, and ample storage throughout the apartment, the unique design features make the apartment a beautiful home or enviable addition to your portfolio. The bedroom boasts floor-to-ceiling windows, a built-in closet and plush thick carpet with enough space for a king-sized bed. In the main living area, you'll enjoy 6m ceilings, wrap-around windows, floating floorboards, an open-plan kitchen, and ample living space. If you like a minimalist feel, you can store your extra items in the downstairs storage unit, also included in the sale. The hallway features a conveniently discrete European-style washing cupboard that includes a built-in washer and dryer. Right next to the MCG, Yarra River, and Carlton Gardens, and with a cinema across the street, you may even forget that you are living in the heart of the city. This is an incredible lifestyle offering that rarely comes up. Untenanted, this beautiful space has been netting excellent positive returns as a boutique short-term rental, so you can continue to benefit from these positive earnings or move in right away. This rare opportunity to snag this unique property could additionally include a deal with the furnishings, as the current owner now lives in New York. Don't miss this amazing opportunity to get a truly original Melbourne abode.

Features

1 bedroom
1 bathroom
0 m² lot size
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 5/27 Flinders Ln is $345.95k.

Median value
$345.95k
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 5/27 Flinders Ln

2022
Rented
Undisclosed
Leased on 17 Nov 2022 by Dingle Partners
2021
Rented
Undisclosed
Leased on 11 Nov 2021 by Dingle Partners
2021
Rented
Undisclosed
Leased on 20 Sep 2021 by Dingle Partners

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, 584 one-bedroom apartments similar to 5/27 Flinders Ln, have been sold.

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

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Philip Middlemiss

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Catherine Sheo

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