1504/222 Russell Street
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About this property
Inspection by appointment only Positioned on the 15th floor, this fully furnished serviced apartment offers a low-maintenance investment opportunity in one of Melbourne's most tightly held and recognisable hotel-style buildings. Currently operating within the Mantra management pool, the property presents an ideal set-and-forget addition to any investment portfolio. Perfectly located in the heart of Melbourne's CBD, the apartment is moments from Melbourne Central, QV, Chinatown, RMIT, the State Library and countless restaurants, cafes and entertainment options, ensuring ongoing appeal for both business and leisure travellers alike. Inside, the apartment features a light-filled and functional layout with open-plan living, a well-appointed kitchen, spacious accommodation and modern finishes throughout. Elevated above the city streets, the residence enjoys impressive skyline outlooks while delivering the comfort and convenience expected from a premium city address. Investor highlights include: Fully furnished serviced apartment Currently operating within the Mantra management pool Prime Melbourne CBD location Access to hotel-style facilities Strong accommodation appeal in a high-demand precinct Low-maintenance investment opportunity Whether you are looking to expand your portfolio, secure a CBD asset or purchase a professionally managed investment in a blue-chip location, this is an outstanding opportunity in one of Melbourne's most sought-after hospitality precincts.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 1 month ago
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Neighbourhood
Living in Melbourne
This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 29% below the $444,500 median of 72 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) — 418 m away
- 7-Eleven — 540 m away
- Wesley Place Urban Park — 183 m away
- Unnamed — 296 m away
- Unnamed — 316 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 1 bed
Compound growth -2.1% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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