Back 501B/399 Bourke St
Off Market

501B/399 Bourke St

Melbourne VIC 3000

1
Studio
Last sold for $333,000
Robert EggersRobert Eggers, last sold this property on 25 July 2017 after -203 days on market.

Overview

Stylish Light Filled Studio Apartment

Featuring 4.2m high ceilings, a northerly front aspect and a curved Art Deco style balcony, this light filled studio apartment is an absolute gem with iconic Melbourne views towards the GPO clock tower and the Bourke Street Mall. Located on the fifth level of The Foundry building with a 1918 heritage facade this modern apartment is rich in character and ideal to move in yourself or a fabulous inner city investment opportunity. With secure intercom entry and lift access you will love the easy living open plan design, the abundance of natural light and beautiful presentation. The kitchen features stone bench tops, Smeg stainless steel gas cook top, convection microwave oven, dishwasher and a Euro style laundry. A pristine bright bathroom with shower over bath, also with city vistas. Perfectly situated in the centre of Melbourne this secure apartment is within such convenient access to all this wonderful city of Melbourne has to offer including amazing cafes, restaurants, boutique shopping and nestled close to Hardware Lane and McKillop Streets.

Features

1 bathroom
Studio

Estimated Value

Based on this property and similar studios sold in Melbourne over the last 12 months, the estimated median property value of 501B/399 Bourke St is $193k.

Median value
$193k
Estimated value range
$132k - $320k
Median days on market
29
Estimated value trend
2%
increase 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 501B/399 Bourke St

2024
Rented
Undisclosed
Leased on 09 Apr 2024 by Harcourts Move
2017
Sold
$333,000
25 Jul 2017 by Robert Eggers, of Dingle Partners

Happy sellers in Melbourne

82%
82% 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 126 reviews in Melbourne over the last 12 months.

Local market activity for studios in Melbourne

In the last 12 months, 18 studios similar to 501B/399 Bourke St, have been sold.

This represents a 72% increase in studios sales when compared to the previous 12 months.

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