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103/11-17 Cohen Place, Melbourne$220,000
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For Saleapartment

103/11-17 Cohen Place

Melbourne, VIC 3000, Australia
$220,000
1 bath54 m²

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About this property

Lot 103/11-17 Cohen Place, Melbourne, offers a fantastic investment opportunity to be part of a high-demand property as a freehold owner or to join forces with the well-known and experienced serviced apartment operator, Punthill. This unique opportunity provides greater ownership flexibility and long-term value. This studio apartment is tailored for the modern traveller-whether it's a business professional, a couple seeking to immerse themselves in Melbourne's vibrant city life, or a local university student looking for convenient accommodation close to campus. Located in the heart of Melbourne's Chinatown and entertainment precinct, residents and visitors will enjoy unparalleled access to world-class shows, performances, and the electric city atmosphere. Key Features: Premium Location: Situated in the bustling heart of Melbourne's Chinatown with attractions, shopping, and dining just steps away. Opportunity for Experienced Operator: Have the opportunity to partner with Punthill, a trusted name in serviced apartments, ensuring smooth management and excellent guest experiences. Long-Term Lease Possibility: Look to secure a long-term lease, offering peace of mind and consistent returns. Flexibility: With the lease now terminated, the property is ready for new opportunities-whether you choose to lease it out independently or occupy it yourself. Outgoings: Owners Corporation Fees: Approx. $3,200/year Council Rates: Approx. $1,733.25/year Water Rates: Approx. $669.12/year This is a rare opportunity to invest in a high-demand property with a proven track record and minimal hassle. Whether you're looking for a long-term investment or flexibility in ownership, this studio apartment offers it all. Contact us today to learn more or to arrange a viewing!

Property Details

Property Type
apartment
Listing Type
For Sale
Bathrooms
1
Land Area
54 m²
Listed
3 months ago

Repayment calculator

$1,067/month
$533 /fortnight
Loan $176,000 at 6.10% over 30 years

Upfront costs

Deposit$44,000
Stamp duty$8,270
Conveyancing (est.)$2,000
Total upfront$54,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 48% below the $425,000 median of 79 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Melbourne Central rail replacement stop (bus)508 m away
  • 7-Eleven645 m away
  • Wesley Place Urban Park178 m away
  • Unnamed319 m away
  • Unnamed392 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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