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Back 502/166 Flinders Street
Off Market

502/166 Flinders Street

Melbourne VIC 3000

2
1
101 m²
Unit
Last sold for $635,500
Sam FennaSam Fenna, last sold this property on 22 October 2025 after 29 days on market.

Overview

Bright and Spacious Two-Bedroom + Study Above the Heart of Melbourne's Laneways

Expressions of Interest - Closing Thursday, 23rd of October at 2 pm (unless sold prior). ** Outgoings ** • Owners Corporation: $3349.85 per quarter approx. • Council Rates: $1882.42 per annum approx. • Water: $650 per annum approx. • Total: $15,932 per annum approx. Perched high on the fifth floor of the historic 1927 Masonic Club, now known as the Cosmopolitan Apartments, this dramatic corner residence is bathed in natural light from brand-new, double-glazed steel-framed windows. The sweeping, open-plan layout is designed for effortless entertaining, while a private study creates the perfect work-from-home sanctuary. From every angle, iconic views frame the skyline-The Forum, Fed Square, Flinders Street Station, the MCG, and so much more. This is an urban panorama as dynamic as the city itself. The Cosmopolitan Apartments blend heritage prestige with modern sophistication. Originally crafted in 1927 and reimagined as residences in 1995, the building has just completed a meticulous façade restoration, reclaiming its place as one of Melbourne's architectural crown jewels. Both bedrooms are oversized retreats, each with built-in robes and outlooks to the Forum's clocktower. Freshly appointed with new blinds, loop-pile wool carpets, and crisp paint, the apartment offers a turnkey canvas awaiting its next stylish chapter. Secure video intercom, an upgraded lift, and the option of nearby Wilson Parking (approx. $340/month) add ease and convenience to this heritage setting. All just steps from Melbourne's celebrated laneways, buzzing cafés, and cultural landmarks-delivering a lifestyle where history, design, and city energy converge. Heritage architecture. Contemporary living. Iconic city views. This is Melbourne, elevated.

Features

2 bedrooms
1 bathroom
101 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Melbourne over the last 12 months, the estimated median property value of 502/166 Flinders Street is $605.25k.

Median value
$605.25k
Estimated value range
$435k - $637k
Median days on market
36
Estimated value trend
14%
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 502/166 Flinders Street

2025
Sold
$635,500
Private Sale/Treaty on 22 Oct 2025 by Sam Fenna, of Belle Property Carlton | Melbourne | North Melbourne

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 2 bedroom units in Melbourne

In the last 12 months, 4 two-bedroom units similar to 502/166 Flinders Street, have been sold.

This represents a 25% decrease in two-bedroom units 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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