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4007/260 Spencer Street

Melbourne, VIC 3000, Australia
$520,000
1 bed 1 bath55m²

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Area Price Guide
$488,800$551,200

Indicative price guide range

🏘️
93
Comparable
📊
$540,000
Area median
⚖️
-4%
vs median
📐
$9,455
Per m²
📏
55 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Positioned in the prestigious The Ritz-Carlton Residences Melbourne, this stunning 1-bedroom apartment at West Side Place offers the perfect blend of luxury, lifestyle, and investment potential in the heart of Melbourne's CBD. Enjoy breathtaking views across Flagstaff Gardens while living moments away from everything the city has to offer. With Rental of $3259/monthly till Feb 2027, is a Great ROI for any Savvy investor This beautifully presented, fully furnished apartment features 1 spacious bedroom, 1 modern bathroom, and approximately 55m² of well-designed living space. Previously operating as a successful Airbnb, it presents a fantastic turnkey investment opportunity or an ideal city residence ready to move straight into. Residents are treated to world-class, 6-star hotel-style amenities including a luxurious swimming pool, spa, sauna, fully equipped gym, virtual golf room, resident lounges, BBQ areas, library, and meeting spaces. With 24/7 concierge service and access to cleaning facilities, every detail is designed for comfort and convenience. Located in a prime CBD position, you are surrounded by Melbourne's best shopping, cafes, restaurants, and essential amenities. Within walking distance to Melbourne Central, Queen Victoria Market, public transport, medical facilities, and beautiful parklands including Flagstaff Gardens. Whether you're looking to move in, invest, or continue generating strong short-term rental income, this is an opportunity not to be missed. Contact us today to arrange a private inspection! Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,521/month
    $1,260 /fortnight
    Loan $416,000 at 6.10% over 30 years

    Upfront costs

    Deposit$104,000
    Stamp duty$26,270
    Conveyancing (est.)$2,000
    Total upfront$132,270
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Land Area
    55m²
    Listed
    1 week ago

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