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42/140 Flinders Street, Melbourne$425,000
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For Saleapartment

42/140 Flinders Street

Melbourne, VIC 3000, Australia
$410,000 – $440,000
1 bed 1 bath54 m²

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About this property

A blue-chip showcase of timeless sophistication, this elegant 1 bedroom apartment is rich with character in a Paris-end setting. The exclusive address speaks for itself. Walk to free city trams, Flinders Street trains, the sporting precinct, theatre district, Federation Square, the NGV, boutique shopping, fine dining, Birrarung Marr parkland, and a crowd-pleasing collection of cafes, bars and restaurants. Your search ends here! Discover roomy open-plan living/dining and a streamlined kitchen boasting an updated dishwasher and a 4-burner gas cooktop. Enhanced by seamless flow, step outside to a large undercover balcony overlooking Birrarung Marr and Federation Square with the soaring Southbank skyline rising from behind. This show-stopping sanctuary of space will be perfect for alfresco entertaining as summer approaches. The generously sized and robed bedroom is filled with light and enjoys direct balcony access, serviced by a spacious bathroom with a concealed cistern. Additional features include a European laundry, split-system heating and cooling, ceiling fan in the bedroom, Venetian blinds, and sleek timber flooring. One of just 24 boutique apartments in a well-maintained complex, take advantage of intercom security, and lift access to your fourth floor retreat. Market entrants and investors will appreciate the value, while those searching for a short-stay opportunity can pocket the lucrative returns. Inspect today! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $257.64 per quarter approx. Water Rates: $184.67 per quarter approx. Owners Corporation Fees: $1,233.35 per quarter approx.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Land Area
54 m²
Listed
3 months ago

Repayment calculator

$2,060/month
$1,030 /fortnight
Loan $340,000 at 6.10% over 30 years

Upfront costs

Deposit$85,000
Stamp duty$20,570
Conveyancing (est.)$2,000
Total upfront$107,570
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 23% below the $550,000 median of 72 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)586 m away
  • 7-Eleven1.0 km away
  • Unnamed291 m away
  • Wesley Place Urban Park773 m away
  • Unnamed846 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

3 price changes recorded for this property

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