109/441 Lonsdale Street
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About this property
This securely leased investment is set within a distinctive heritage conversion in the heart of Melbourne's legal precinct. Originally a textile warehouse from the early 1900s, the building's impressive façade and architectural character remain a defining feature. This two-bedroom apartment showcases classic living with soaring high ceilings, expansive steel-framed windows and hardwood floors. The detailing reflects the building's heritage, while modern updates provide contemporary comfort. Perfectly positioned moments from the courts, universities, Queen Victoria Market, cafés, boutiques and public transport, the location offers exceptional CBD convenience. Key Features: Exceptionally priced Securely leased at $25,800 pa Up to 8.3% yield Flexible floorplan allowing potential to enlarge living areas Soaring high ceilings and large steel-framed windows Well-sized bedrooms, generous open-plan living and dining area Modern kitchen with electric stove tops and oven Hardwood floorings in living areas Secure intercom entry Low density building with approx. 62 apartments Prime CBD location near courts, universities and Queen Victoria Market An ideal opportunity for astute investors seeking strong returns or owner occupiers wanting a unique city residence. ** Furniture are for illustrative purposes only **
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Melbourne
This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $479,995 median of 73 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
- Lonsdale Street/Queen Street (bus) — 94 m away
- Rapha — 236 m away
- Unnamed — 371 m away
- Unnamed — 373 m away
- Market Street Park — 495 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
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Melbourne price trend
Median sold · Unit 2 bed
Compound growth -2.4% / yr over 4 yrs
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