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641/57 Spencer Street, Melbourne$285,000
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For Saleapartment

641/57 Spencer Street

Melbourne, VIC 3000, Australia
$285,000
1 bath

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About this property

Located across the road from Southern Cross station and a short stroll to the Melbourne aquarium, the Australian Art Centre, Crown Casino and DFO is one of Melbourne's true land marks. If you haven't been inside the Grand Central building, then you haven't seen inside one of Melbourne's Grandest buildings. The moment you enter the foyer, you will be taken by the Grandeur and opulence of this Italianate Style Heritage splendor. Now there is an opportunity to purchase in this opulent Heritage building in the form of this fully refurbished and fully furnished studio apartment, Ideal for an owner occupier or investor. Offering open plan living with ducted heating and cooling and 3.5-metre-high ceilings. Features also include a south facing balcony and double glazed sliding doors for total peace and quiet. The building itself is a Melbourne land mark and offers features such as pool, spa, sauna, gymnasium, onsite caretaker, piano Bar, restaurant and cafe. For a private inspection call Richard 0437 250 964.

Property Details

Property Type
apartment
Listing Type
For Sale
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,382/month
$691 /fortnight
Loan $228,000 at 6.10% over 30 years

Upfront costs

Deposit$57,000
Stamp duty$12,170
Conveyancing (est.)$2,000
Total upfront$71,170
Verify with VIC revenue office →
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Neighbourhood

Living in Melbourne

This apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 49% below the $560,000 median of 64 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

  • Stop 3: Flagstaff Station (tram)801 m away
  • Rapha951 m away
  • Unnamed446 m away
  • Unnamed507 m away
  • Market Street Park557 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

Listing price changes

1 price change recorded for this property

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