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Back 501/480 Collins Street
Off Market

501/480 Collins Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $170,000
Mark ReubenMark Reuben, last sold this property on 05 May 2021 after 211 days on market.

Overview

Move –in or Re- Invest in a Slice of Downtown Melbourne

Now with the option to move in to this prestigious 4.5 Star “Oaks on Collins’. This extra-large luxury studio apartment located in the prestigious Oaks on COLLINS is too good to be true. With the option to reinvest for a term of 2 years with the Oaks on Collins Street providing a guaranteed rent or move into this ultra-covenant cosy apartment as an owner occupier…..this unit is not to be missed. The apartment itself open plan living /dining area ,separate fully equipped granite kitchenette which has sufficient natural light from the windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat screen TV, well-appointed modern large bathroom, heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated pool, and function room. And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & a just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne’s iconic lane-ways, buzzing bars, fashionable boutiques, top-rated cafés and world-class restaurants, this is location at its ultimate best. *** COVID-19 Announcement *** Our office is committed to ensuring the safety of our staff and the general public, and in line with current government guidelines, we are only conducting private 1:1 inspections. If you have arranged a private viewing, you will be subject to strict criteria and guidelines upon attendance, including but not limited to: - Displaying no symptoms of any kind - Not touching any surface or hands being placed in pockets at all times - Providing photo-ID upon entry - Maintaining a distance of 2m from any staff member in attendance -No children in attendance at viewings - Lift usage restrictions FAILURE TO COMPLY WITH ANY VERBAL INSTRUCTION BY A STAFF MEMBER WILL RESULT IN TERMINATION OF ANY PRIVATE VIEWING.

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 501/480 Collins Street is $344.38k.

Median value
$344.38k
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 501/480 Collins Street

2021
Sold
$170,000
05 May 2021 by Mark Reuben, of Pagan 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, 583 one-bedroom apartments similar to 501/480 Collins 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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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

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