Back 509/11-17 Cohen Place
Off Market

509/11-17 Cohen Place

Melbourne VIC 3000

1
1
Apartment
Gavin ZeitzGavin Zeitz, last sold this property on 06 November 2025 after 52 days on market.

Overview

Serviced Apartment Investment - Immediate Income in CBD

Discover an exceptional investment opportunity with this fully serviced apartment at 509/11‑17 Cohen Place, Melbourne VIC 3000. Currently leased to Punthill Serviced Apartments, this unit delivers steady income of $1,794.81 per month, offering strong return from day one. Located in Melbourne's heart, the property benefits from unrivalled access to the CBD's shopping, dining, transport and entertainment precincts. A hassle‑free asset: high occupancy, professional management and minimal direct responsibility for the owner. Features Include: * Leased to Punthill Serviced Apartments – reliable serviced apartment operator * Monthly income of $1,794.81 * Prime CBD location, within walking distance of theatres, restaurants & shops * Serviced apartment - maintenance, cleaning & bookings handled professionally * Excellent return on investment * Attractive for investors seeking passive income stream Don't miss this rare serviced apartment investment-contact us today to receive the full financials and arrange a 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 509/11-17 Cohen Place is $343.75k.

Median value
$343.75k
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 509/11-17 Cohen Place

2025
Sold
Undisclosed
06 Nov 2025 by Gavin Zeitz, of G&H Property Group

Happy sellers in Melbourne

79%
79% 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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 578 one-bedroom apartments similar to 509/11-17 Cohen Place, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

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