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202/1 Manchester Lane, Melbourne$486,000
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For Saleapartment

202/1 Manchester Lane

Melbourne, VIC 3000, Australia
$486,000
1 bed 1 bath

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About this property

Located on the corner of Manchester Lane and 241 Collins St. Contemporary class and sophistication presents in this spacious apartment in the stunning 'Merrigold on Collins' development capturing the beauty of modern style to create carefree city lifestyle in this heritage listed Art Nouveau style boutique complex. 2nd floor corner located apartment overlooking scenic Collins St, offers beautiful northern and eastern light whilst the apartment exudes a distinct New York vibe. Inside, the natural elements of timber detailing merge with and embrace a splendid open plan environment where the living, dining and kitchen occupy their own space with the elevated bedroom space exuding separation, and where a discrete pull-out bed can be hidden from view. The kitchen itself is detailed with electric cooking appliances, dishwasher, glass splashback, plenty of cupboard space, split system air conditioner, while the bathroom incorporates a tiled shower, toilet and vanity, plus separate laundry space. Based in the heart of the city, and outstanding access to Melbourne's famous laneway restaurants, fashion stores and nightlife. Only a short stroll from Town Hall and Flinders Street stations, Regent Theatre, Fed Square, Yarra River, Melbourne Central, Melbourne Aquarium, Crown Complex and Queen Vic Market. Ideal starter in budget range or an outstanding investment with great rental yield potential. *Please note: Some photos are virtually staged and whilst every care is taken to ensure the accuracy of the sizes, plans & information contained herein, no guarantees or warranties are given. Clients must make their own investigations including the fact the OC potentially repairing/replacing roof and gutters, carefully check the formal legal documentation & seek independent professional legal advice.*

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
1 month ago

Repayment calculator

$2,356/month
$1,178 /fortnight
Loan $388,800 at 6.10% over 30 years

Upfront costs

Deposit$97,200
Stamp duty$24,230
Conveyancing (est.)$2,000
Total upfront$123,430
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 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $703,100 median of 67 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

  • Southgate Landing - Berth 1 (ferry)441 m away
  • 7-Eleven712 m away
  • Unnamed369 m away
  • Market Street Park531 m away
  • Unnamed642 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 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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