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Back 504/47 Lonsdale Street
Off Market

504/47 Lonsdale Street

Melbourne VIC 3000

1
1
41 m²
Apartment
Nick WaltersNick Walters, last sold this property on 06 January 2026 after 27 days on market.

Overview

Your next investment opportunity awaits with 30 Days Owners Use per year....

Situated on the fifth floor and with the preferred Northerly aspect, this one bedroom apartment measures approximately 41 square meters overlooking Lonsdale Street. NB THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION. Comprising a functional kitchen, open plan dining and lounge room leading to a Juliette balcony, neat fully equipped bathroom plus excellent double bedroom. Positioned in a prime Melbourne location at the top end of the CBD with major retail shops, restaurants, cafes and theatre precinct close at hand. The apartment is presently leased to Comfort Hotels until 13th October 2027 with two further 10 year options thereafter. NB: This lease offers "Owners Use" of 30 days per year. (Conditions apply) Enjoy the benefit of a long term lease, minimal outgoings and a higher net return than traditional residential property. IMPORTANT INFORMATION: RENT: $23,327 pa ($448 per week approx.) INCREASE: The lessor of CPI or 7% increases from the 3rd year of each lease term (Between Market Reviews) RETURN: 8.2% Gross 7.3 % Nett LEASE: Until October 2027 OPTIONS: Two x 10 Year Terms TENANT (Comfort Hotels) PAYS: Owners Corp Admin fees Water rates Insurance General maintenance OWNER PAYS: (Approx) Council rates: $1,093 pa Maintenance fund: $1,414 pa Inspection is by private appointment. For further details please contact: Nick Walters of Kingsford Property - 0438 557 885 Nick@kingsfordproperty.com.au Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Features

1 bedroom
1 bathroom
41 m² floor area
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 504/47 Lonsdale Street is $344.58k.

Median value
$344.58k
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 504/47 Lonsdale Street

2026
Sold
Undisclosed
Private Sale/Treaty on 06 Jan 2026 by Nick Walters, of Kingsford Property

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, 581 one-bedroom apartments similar to 504/47 Lonsdale 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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