Back 813/408 Lonsdale Street
Off Market

813/408 Lonsdale Street

Melbourne VIC 3000

1
Apartment
Last sold for $210,000
Alexander SubotschAlexander Subotsch, last sold this property on 01 July 2026 after 7 days on market.

Overview

Character, Convenience And City Living At Its Best

Positioned high on the eighth floor of the iconic 408 Lonsdale Street building, this oversized studio apartment delivers an outstanding opportunity to secure an affordable city residence or high-yield investment in one of Melbourne's most connected CBD locations. Designed for effortless inner-city living, the apartment features a generous open-plan layout with a clearly defined living and dining zone alongside a well-appointed kitchen with ample bench space. A spacious bedroom/living area enjoys excellent natural light, while the functional floorplan is complemented by a central bathroom, built-in-robes at the entry, and the convenience of secure building access. Originally constructed as Melbourne's former AMP Building before being thoughtfully converted into residential apartments, the landmark complex is renowned for its solid construction and enduring appeal. The building's heritage character adds a unique sense of place rarely found in modern developments. The location is second to none. Step outside and you're moments from Melbourne Central, Emporium, Queen Victoria Market, Flagstaff Gardens, RMIT University, Melbourne University, Chinatown, Bourke Street Mall and the city's major legal and financial precincts. Multiple tram routes, Flagstaff Station and Melbourne Central Station are all within easy walking distance, making daily commuting effortless. Whether you're seeking a low-maintenance city home, a convenient student base, or an investment in a consistently sought-after rental pocket, this well-proportioned apartment offers exceptional value in a tightly held CBD address. With strong rental demand driven by its proximity to universities, transport and employment hubs, 408 Lonsdale Street continues to attract both owner-occupiers and investors looking to capitalise on Melbourne's vibrant city lifestyle.

Features

1 bathroom
Apartment

Estimated Value

Based on this property and similar apartments sold in Melbourne over the last 12 months, the estimated median property value of 813/408 Lonsdale Street is $210k.

Median value
$210k
Estimated value range
$197k - $315k
Median days on market
77
Estimated value trend
-4%
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 813/408 Lonsdale Street

2026
Rented
Undisclosed
Leased on 23 Sep 2026 by Gotham Property
2026
Sold
$210,000
Private Sale/Treaty on 01 Jul 2026 by Alexander Subotsch, of Gotham Property

Happy sellers in Melbourne

85%
85% 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 124 reviews in Melbourne over the last 12 months.

Local market activity for apartments in Melbourne

In the last 12 months, 9 apartments similar to 813/408 Lonsdale Street, have been sold.

This represents a 59% increase in apartments sales when compared to the previous 12 months.

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