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3708/38 Rose Lane

Melbourne, VIC 3000, Australia
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2 bed 1 bath 1 car5 ha

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About this property

Perched high above the city streets, this exceptional 2-bedroom, 1-bathroom apartment at 38 Rose Lane offers the pinnacle of inner-city convenience. Located in the heart of the Melbourne CBD, this residence places you within a short stroll of world-class dining, boutique shopping, bustling laneways, and major transport hubs. Whether you are heading to work, university, or simply exploring the city's vibrant cultural precincts, everything you need is right at your doorstep. The apartment itself is designed for modern comfort and practicality. The well-appointed kitchen features a dishwasher, oven, cooker, and rangehood, making meal preparation a breeze. The open-plan living and dining area is bathed in natural light, thanks to its elevated position, and offers a tranquil retreat from the urban energy below. Both bedrooms are generously sized and come complete with built-in robes, providing excellent wardrobe space, while additional storage throughout the apartment ensures there is a place for everything-a rare luxury in city living. What truly sets this property apart is the inclusion of a coveted car space. In a location where parking is at a premium, this is an invaluable asset. Not only does it provide unparalleled convenience for residents, but it also represents a significant income opportunity for investors, who can rent the space separately for additional revenue. Ideal for both owner-occupiers seeking a low-maintenance city base and investors looking for a high-yield opportunity, this property ticks every box. With ample storage, secure parking, and a premier CBD address, this high-floor gem at 38 Rose Lane is a rare find in Melbourne's competitive market. Don't miss your chance to secure this versatile urban sanctuary. Private inspection requests are welcome but subject to availability. (PHOTO ID REQUIRED AT OPEN HOUSE) NOTE: Link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
5 ha
Listed
2 weeks ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$100,000
Stamp duty$25,070
Conveyancing (est.)$2,000
Total upfront$127,070
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.

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

  • Stop 3: Flagstaff Station (tram)433 m away
  • EzyMart631 m away
  • Unnamed129 m away
  • Unnamed142 m away
  • Angliss Rain Garden218 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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