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Back 609/25 Therry St
Off Market

609/25 Therry St

Melbourne VIC 3000

2
1
1
0 m²
Apartment
Ruby VoRuby Vo, last sold this property on 18 October 2023 after 183 days on market.

Overview

THE BRIEF: UNDER CONTRACT

PRIVATE INSPECTIONS DURING THE WEEK WELCOME, PLEASE CONTACT AGENT TO ORGANISE TIME. Positive Geared Property Estimated Rental Income $36,500-$39,107pa. Estimated Interest repayment $2984pcm or $28,272pa based on 80%LVR (6.34%) ITS ADDRESSED Only a few steps from Queen Victoria Market, it is undergoing a $268 million redevelopment, which will deliver upgraded facilities and a new food hall. Not to mention Gym with brand new equipment coming soon! So much value for money!! This beautifully designed 2-bed luxury apartment is situated in the highly sought-after Central Location of Melbourne CBD. It is an ideal location for business, and students attending the surrounding universities such as Melbourne Uni, RMIT, and William Angliss, it is only within walking distance of Queen Victoria Market, Swanston Street, and Melbourne Central. The entrance to the apartment is a hotel-style living with a large lobby, providing a very secure and private atmosphere. It is located only a few metres away from restaurants, coffee shops, and take-away joints, making it an extremely convenient location for on-the-go people. It offers modern and immaculate amenities such as a swimming pool, gym, and entertainment areas. You can spend your weekends relaxing and enjoying the facilities within the complex, it’s like a holiday every day! The apartment offers two large bedrooms, both with ample built-in robes, a study nook, a bathroom that includes laundry facilities (washing machine included), a kitchen (fridge included), a TV (included) and a balcony perfect for relaxing outdoors. Includes 1 parking space. This apartment is a fantastic opportunity for investors who want to rent out the space to students or make money through AirBnB rentals. Overall, it is a great investment opportunity in a prime location of Melbourne's CBD. For more Real Estate in Melbourne contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 609/25 Therry St is $550k.

Median value
$550k
Estimated value range
$237k - $3m
Median days on market
47
Estimated value trend
0%
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 609/25 Therry St

2023
Sold
Undisclosed
Private Sale/Treaty on 18 Oct 2023 by Ruby Vo, of Area Specialist - VIC
2022
Rented
Undisclosed
Leased on 18 Feb 2022 by Melcorp Real Estate City Central
2019
Rented
Undisclosed
Leased on 22 May 2019 by Melcorp Real Estate City Central

Happy sellers in Melbourne

86%
86% 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 122 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 786 two-bedroom apartments similar to 609/25 Therry St, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 19 local reviews across the last 12 months.

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Dionne Wilson

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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and reliable

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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

  •   5   (60 reviews)
  •  9 Reviews in Melbourne
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