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109/441 Lonsdale Street, Melbourne$330,000
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109/441 Lonsdale Street

Melbourne, VIC 3000, Australia
$330,000
2 bed 1 bath

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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

Repayment calculator

$1,600/month
$800 /fortnight
Loan $264,000 at 6.10% over 30 years

Upfront costs

Deposit$66,000
Stamp duty$14,870
Conveyancing (est.)$2,000
Total upfront$82,870
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 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
  • Rapha236 m away
  • Unnamed371 m away
  • Unnamed373 m away
  • Market Street Park495 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 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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