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Back lot 67 ( 607 )/47 Lonsdale Street
Off Market

lot 67 ( 607 )/47 Lonsdale Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $200,000
Nick RichardsNick Richards, last sold this property on 12 May 2026 after 29 days on market.

Overview

Under Offer

Positioned in the heart of Melbourne's vibrant CBD, this exceptional investment opportunity at 47 Lonsdale Street offers the ultimate "set and forget" asset for the astute investor. Securely leased to a hotel operator with a strong annual income of approx $20,481.48*, the property benefits from a long-term lease structure comprising two 10-year options, providing certainty and stability through to 2047. This reliable arrangement delivers a robust, hands-off return, ideal for those seeking consistent income without the day-to-day management. The apartment itself enjoys elevated positioning with impressive city views, enhancing its long-term appeal and underlying value. Located within one of Melbourne's most sought-after precincts, it is surrounded by world-class dining, theatres, retail, and transport options-ensuring enduring demand and strategic positioning. Underpinned by a secure lease and premium location, this property represents a true "bricks and mortar" investment, offering both income security and capital preservation. A rare opportunity to acquire a high-performing asset in a blue-chip CBD location. An ideal addition to any investment portfolio, combining strong returns with long-term peace of mind. *Returns stated are approximates only

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 lot 67 ( 607 )/47 Lonsdale Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
2%
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 lot 67 ( 607 )/47 Lonsdale Street

2026
Sold
$200,000
Private Sale/Treaty on 12 May 2026 by Nick Richards, of Precinct Real Estate

Happy sellers in Melbourne

83%
83% 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 129 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 601 one-bedroom apartments similar to lot 67 ( 607 )/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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Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

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