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702/222 Russell Street, Melbourne$370,000
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For Saleapartment

702/222 Russell Street

Melbourne, VIC 3000, Australia
$370,000
1 bed 1 bath67 m²

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About this property

Situated on the seventh floor with a preferred Northerly aspect is this extra large one-bedroom apartment measuring some 67 sqm. The huge open plan living/dining area has an adjoining fully equipped kitchen plus excellent natural light. King sized bedroom with BIRs and sparkling en suite including shower over bath and euro laundry. This apartment is currently tenanted until July 2027 for $580/week. The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne. This top quality property would be a welcome addition to your investment portfolio or would be an impressive city residence. Inspection is by private appointment after October 2026. For further details please contact: Nick Walters of Kingsford Property - 0438 557 885 Nick@kingsfordproperty.com.au Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Property Details

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

Repayment calculator

$1,794/month
$897 /fortnight
Loan $296,000 at 6.10% over 30 years

Upfront costs

Deposit$74,000
Stamp duty$17,270
Conveyancing (est.)$2,000
Total upfront$93,270
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.

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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 13% below the $425,000 median of 74 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

  • Melbourne Central rail replacement stop (bus)422 m away
  • 7-Eleven546 m away
  • Wesley Place Urban Park178 m away
  • Unnamed300 m away
  • Unnamed320 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

2 price changes recorded for this property

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