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5101/138 Spencer Street

Melbourne VIC 3000

2
2
63 m²
Apartment
Currently for sale - view listing

Overview

High-Level CBD Investment with Strong Rental Appeal!

Positioned high above Melbourne's CBD, this modern two-bedroom, two-bathroom apartment at 5101/138 Spencer Street presents an outstanding investment opportunity in a location underpinned by consistent rental demand. The apartment features a functional open-plan living and dining area, complemented by a contemporary kitchen with stone benchtops, quality appliances and ample storage-an ideal layout for tenants seeking low-maintenance inner-city living. Floor-to-ceiling glazing enhances natural light and city outlooks, adding to tenant appeal. Both bedrooms are generously sized and fitted with built-in robes, with the master enjoying a private ensuite. A central bathroom services the second bedroom, making the apartment well-suited to sharers, professionals or long-term tenants. Modern finishes, neutral tones and efficient use of space ensure broad market appeal. Additional features include split-system heating and cooling, secure building access and well-considered internal storage-key inclusions for strong leasing performance. Located moments from Southern Cross Station, free trams, Docklands and Melbourne's key employment, education and lifestyle hubs, the property benefits from excellent connectivity and walkability. This highly accessible CBD position continues to attract professionals, students and corporate tenants alike. Set within a well-established residential tower offering lifestyle amenities, the apartment delivers a compelling blend of location, functionality and long-term investment fundamentals. A high-demand CBD asset ideal for investors seeking reliable rental appeal in a blue-chip location. Private inspection requests are welcome but subject to availability. (PHOTO ID REQUIRED AT OPEN HOUSE) NOTE: Link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.

Features

2 bedrooms
2 bathrooms
63 m² floor area
Apartment

Property history for 5101/138 Spencer Street

2023
Sold
$851,810
Private Sale/Treaty on 31 Jul 2023 by Samuel Setiawan, of I-Sale Property Brisbane

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 132 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 821 two-bedroom apartments similar to 5101/138 Spencer Street, have been sold.

This represents a 8% increase in two-bedroom apartments sales when compared to the previous 12 months.

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