501/127 Leicester St

Off Market

501/127 Leicester St

Carlton VIC 3053

0 m²

Apartment

Last sold for $165,000

Zeno Kobica, last sold this property on 09 December 2025 after 193 days on market.

Overview

Perfect inner-city pad in Carlton!

Amazing opportunity to get a slice of Carlton Real Estate with this residential apartment (not student accommodation). Perfectly positioned in the heart of the Melbourne's cafe and University precinct is this modern studio apartment. This sleek building offers an exciting opportunity for any investor wanting to secure an easy-care investment property or a home buyer wanting a small inner-city base, just moments from everything this wonderful region has to offer. The property: You can walk to the local shops, cafes and eateries, while the University of Melbourne campus is only 100m away. Inside, the layout is light-filled and contemporary with an open-plan living space and bedroom, plus a kitchenette, a built-in robe and a bathroom with a toilet, vanity and shower. Furnished with a fridge, microwave and TV, this is an exciting opportunity for an investor wanting an easy-care addition to their portfolio. The building has video security, lift access to all floors, two common rooms, an outdoor terrace, communal laundry and bicycle storage, plus an amazing location within walking distance of the university campus. RMIT, the city centre, Queen Victoria Market and public transport are all only steps from your front door. The Melbourne Museum, the picturesque Carlton Gardens and local shops, cafes and eateries are all just minutes from this low-maintenance studio apartment. Leased until January 2026 at approx $330/week. Outgoings of: General Council Rates approx: $134/quarter* Water Services approx: $716/annum* Owners Corp Fee approx: $2236/annum* *Please confirm these figures with the Section 32. This is a guide only Note this is NOT limited to student accommodation. Inner-city living doesn’t get much better than this, call now to secure this opportunity! Whether you’re expanding your portfolio or entering the market for the first time, this Carlton unit is a secure, hassle-free income earner in a blue-chip location. ------ Disclaimer: Images are digitally edited and contain styled furniture for display purposes only. We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria

Features

1 bedroom

1 bathroom

0 m² lot size

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Carlton over the last 12 months, the estimated median property value of 501/127 Leicester St is $246k.

Median value

$246k

Estimated value range

$130k - $745k

Median days on market

Estimated value trend

-16%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Carlton. 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 501/127 Leicester St

2025

Sold

$165,000

09 Dec 2025 by Zeno Kobica, of Viva Property

2020

Sold

$166,000

16 Sep 2020 by Zeno Kobica, of Viva Property

Happy sellers in Carlton

77%

77% of sellers in Carlton reported that their sale price either exceeded or met their price expectations.

Carlton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Carlton over the last 12 months.

Local market activity for 1 bedroom apartments in Carlton

In the last 12 months, 145 one-bedroom apartments similar to 501/127 Leicester St, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Carlton for a free market appraisal.

Peter Doan

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