507/188-196 Peel Street, North Melbourne, VIC 3051

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Sold

Sold for $165,000 (Apr 24, 2019)

Secure investment with City views!

Brilliantly located , purpose built student only apartment within a short stroll to Queen Victoria Market, Royal Children’s /Melbourne Hospitals, Melbourne University and Central business District.

Secure 20 year lease at $285.00 per week ( $14,820.00 p/a) with City Edge Short Stay accommodation, this apartment is one of the largest in the complex and one of the only ones with a CBD view. This building is well appointed with recreation/meeting room and 24 hour laundry in this walk to everything location.

Inspection by appointment only.

Property Info:
  • Property ID: 19579013
  • Property Type: Studio
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R&H Suburb Profile: North Melbourne

R&H Suburb Summary Houses
Number of sales 59
Average Price $1,315,489
Median Price $1,297,500
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 13 %
R&H Suburb Summary Units
Number of sales 159
Average Price $481,987
Median Price $425,000
Median Rental Price $460 p.w.
Change in Rental Rate (5yr) 15 %
North Melbourne, VIC - Median Trend
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