Home/Properties/Melbourne/2002/250 Elizabeth Street
2002/250 Elizabeth Street, Melbourne$660,000
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2002/250 Elizabeth Street

Melbourne, VIC 3000, Australia
$645,000 – $675,000
2 bed 1 bath 1 car

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About this property

Positioned on the 20th floor of the sought-after Somerset on Elizabeth, this north and east-facing corner apartment is bathed in natural light and offers an outstanding opportunity to enjoy the very best of Melbourne's vibrant CBD lifestyle. Combining generous proportions, functional design and an unbeatable location, this two-bedroom residence is perfectly suited to owner-occupiers and astute investors alike. The spacious open-plan living and dining area is framed by large windows that capture abundant northern and eastern sunshine throughout the day, creating a bright and welcoming atmosphere. The well-appointed kitchen is equipped with quality appliances, ample storage and generous bench space, making everyday living both comfortable and practical. Accommodation comprises two well-sized bedrooms with built-in robes, serviced by a centrally located bathroom, while a separate European laundry further enhances the apartment's functionality. Completing the package is the invaluable inclusion of a car space, a highly sought-after feature in the heart of the city. Residents enjoy exclusive access to an impressive range of resort-style facilities, including a rooftop swimming pool, fully equipped gymnasium, sauna, BBQ terrace, secure intercom entry, lift access and an on-site building manager, providing comfort, convenience and peace of mind. Perfectly positioned in Melbourne's premier retail and education precinct, you're only moments from Melbourne Central, Emporium, QV, Bourke Street Mall, Chinatown, Queen Victoria Market, RMIT University, the University of Melbourne, the State Library, Carlton Gardens and free city trams, placing world-class dining, shopping and entertainment right at your doorstep. Offering exceptional natural light, a desirable corner position and one of Melbourne's most convenient CBD addresses, this is an outstanding opportunity to secure a quality home or investment in a consistently high-demand location. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
1 week ago

Repayment calculator

$3,200/month
$1,600 /fortnight
Loan $528,000 at 6.10% over 30 years

Upfront costs

Deposit$132,000
Stamp duty$34,670
Conveyancing (est.)$2,000
Total upfront$168,670
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 2% above the $645,000 median of 65 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

  • Elizabeth Street/Lonsdale Street (bus)98 m away
  • 7-Eleven233 m away
  • Unnamed280 m away
  • Unnamed283 m away
  • Unnamed306 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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Price history

Listing price changes

1 price change recorded for this property

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