199/28 Little Lonsdale Street
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About this property
Perfectly positioned in Melbourne's vibrant theatre precinct, yet quietly set within a resort-style complex, this renovated apartment offers a rare combination of space, lifestyle and inner-city convenience. Delivering over 80m² (approx.) of internal living, the layout is well considered with clear separation between living and accommodation zones, enhanced by excellent natural light and cross-ventilation. Both bedrooms are generously proportioned with built-in robes, while the central bathroom has been thoughtfully renovated, featuring excellent storage and a full-sized bath. The modern kitchen offers gas cooking, ample bench space and dishwasher integration, designed for easy everyday living. What sets this property apart is the lifestyle offering. Residents enjoy resort-style facilities including a swimming pool, tennis court and gymnasium - a level of amenity increasingly hard to find at this price point in the CBD. Positioned moments from the Royal Exhibition Building, Fitzroy Gardens and Treasury Gardens, and surrounded by Melbourne's best dining, theatres and cafes, this is a location that consistently holds long-term appeal for both owners and tenants. Additional features include secure car parking, on-site building management, and quality finishes throughout. A well-balanced apartment offering space, amenity and location - and importantly, genuine value in today's market for buyers who recognise opportunity when they see it.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 80 m²
- Listed
- 2 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 38% above the $435,000 median of 82 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) — 636 m away
- 7-Eleven — 815 m away
- Wesley Place Urban Park — 261 m away
- Unnamed — 422 m away
- Eight Hour Reserve — 470 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.
Due diligence
Property Report
Future Development
Melbourne's CBD and inner suburbs are experiencing significant transformation driven by the Metro Tunnel project, major urban renewal precincts like Fishermens Bend and Docklands, and intensified residential development. The CBD fringe and waterfront areas show strong development pressure with mixed-use and residential projects at various stages of approval and construction. Infrastructure investment is creating development catalysts across the metropolitan area, with completion of major transport projects expected through 2025-2030.
Nearby projects
6
Closest
0 km
Melbourne Metro Tunnel Project
Distance from this property is exact (rings = km). Direction is illustrative.
Melbourne Metro Tunnel Project
0 kmMajor underground rail loop connecting key CBD stations, transforming transport capacity and unlocking surrounding development opportunities.
2025
CBD Fringe Residential Intensification
1 kmMultiple smaller infill residential and conversion projects in inner-city suburbs capitalizing on proximity to public transport and employment.
2026
Southbank Precinct Residential Tower
2 kmHigh-rise residential development adding approximately 300-400 apartments in the established Southbank cultural precinct.
2027
Fishermens Bend Urban Renewal Precinct
3 kmLarge-scale urban renewal converting industrial land to residential, commercial and mixed-use development with projected 10,000+ new residents.
2030
Docklands Mixed-Use Development
3 kmWaterfront mixed-use precincts combining residential, retail, office and hospitality uses across multiple stages.
2028
Airport Rail Link Extension
5 kmPlanned rail infrastructure to improve airport connectivity, expected to catalyze surrounding residential and commercial development.
2029
Suburb market
Suburb price trend
Melbourne price trend
Median sold · Unit 2 bed
Compound growth -2.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Melbourne marketThis listing
Price history
Price history
Listing price changes
2 price changes recorded for this property
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