408/500 Flinders Street
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About this property
Positioned in the heart of Melbourne's CBD, this well-presented studio apartment offers an outstanding opportunity to secure an affordable city home or a smart investment in one of Melbourne's most connected locations. Whether you're entering the market, expanding your portfolio or searching for a convenient city base, this is a lifestyle defined by accessibility and everyday convenience. Designed to make the most of its approximately 23sqm floorplan, the apartment features an open-plan living, dining and sleeping zone complemented by a functional kitchen and a well-appointed bathroom. The practical layout creates a comfortable, low-maintenance space that's easy to enjoy while offering strong appeal for both owner-occupiers and investors. Located at 500 Flinders Street, Melbourne, you'll have the very best of the city at your doorstep. Walk to Flinders Street Station, free city trams, Southbank, Crown Entertainment Complex, riverside dining, supermarkets, universities and Melbourne's renowned café and restaurant scene. Everything you need for work, study and leisure is only moments away. Property Highlights · Studio apartment · One bathroom · Approximately 23sqm internal area · Functional open-plan living and bedroom layout · Practical kitchen with ample storage · Low-maintenance city living · Ideal first home, city base or investment · Walking distance to Flinders Street Station · Close to Southbank, Crown, cafés, restaurants and everyday amenities · Easy access to public transport, universities and Melbourne's business precinct Outgoings (approx.) · Owners Corporation: $2,986 per annum · Council Rates: $565 per annum · Water Rates: $722 per annum Rental Return · $450 per week
Property Details
- Property Type
- studio
- Listing Type
- For Sale
- Bathrooms
- 1
- Listed
- 1 week ago
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Neighbourhood
Living in Melbourne
This studio in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 60% below the $497,500 median of 63 comparable studioswithin 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) — 666 m away
- Rapha — 981 m away
- Market Street Park — 320 m away
- Unnamed — 622 m away
- Unnamed — 696 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
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Melbourne price trend
Median sold · Unit 1 bed
Compound growth -0.8% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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