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105/408 Lonsdale Street, Melbourne$240,000
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For Saleapartment

105/408 Lonsdale Street

Melbourne, VIC 3000, Australia
$240,000
1 bath

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Area Price Guide
$225,600$254,400

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🏘️
83
Comparable
📊
$480,000
Area median
⚖️
-50%
vs median
🗓️
1 week ago
Listed

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About this property

Perfectly positioned in the heart of Melbourne's vibrant CBD, this cleverly designed studio apartment delivers an affordable city lifestyle with unbeatable convenience. Set within the well-known 408 Lonsdale Street complex, the apartment offers a functional open-plan layout combining living and bedroom space, complemented by a practical kitchen, private bathroom and excellent natural light throughout. Ideal for first home buyers, investors or city-based students and professionals, the residence is low-maintenance, easy to lease and ready to enjoy immediately. Originally converted from commercial offices into residential apartments, the building features secure entry, lift access, communal facilities and rooftop recreational areas, all within a tightly held city address. Enjoy the very best of Melbourne right at your doorstep, with Melbourne Central, Emporium shopping, Queen Victoria Market, RMIT University, Flagstaff Gardens and countless cafés, restaurants and transport options all within walking distance. Positioned in the free tram zone and moments from the city's renowned legal precinct, universities and entertainment hubs, this is the ultimate lock-and-leave opportunity in one of Melbourne's most connected locations.

Property Features

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    Repayment calculator

    $1,164/month
    $582 /fortnight
    Loan $192,000 at 6.10% over 30 years

    Upfront costs

    Deposit$48,000
    Stamp duty$9,470
    Conveyancing (est.)$2,000
    Total upfront$59,470
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bathrooms
    1
    Listed
    1 week ago

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