Melbourne Median PriceThe House price is 1% higher than last year. Surrounding suburbsAlbert Park | $2,267,600 | Carlton | $1,396,000 | Cremorne | $1,323,300 | Docklands | $1,487,200 | East Melbourne | $3,052,500 | North Melbourne | $1,326,300 | Parkville | $1,881,400 | Prahran | $1,627,600 | Richmond | $1,454,900 | South Melbourne | $1,638,200 | South Yarra | $1,883,300 | Southbank | $946,700 | St Kilda | $1,605,200 | West Melbourne | $1,376,000 | Windsor | $1,461,700 |
| A15/18-20 Bank Place, Melbourne | Sold $185,000 in Nov 2019 [Rectify] | Apartment: 1 1 | Distance: 341 metres to CBD; 610 metres to Flinders Street Station [Transport] |
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Map | Nearby prices | Property Description: | A PIECE OF HISTORY 15/18-20 Bank Place, Melbourne Acquire part of Melbourne's past with this affordable investment apartment located in the historic 'Whitehall Chambers'. Currently leased until 2024 to the Metro Hospitality Group, it offers a secure income stream as well as exceptionally low outgoings. Positioned in Bank Place, it is an opportunity to purchase at an entry price in a building that offers more than most. NB: THIS IS FOR THE ASTUTE INVESTOR ONLY β NOT FOR OWNER OCCUPATION. RENT: $13,518.67 pa ($260.17 per week approx.) RETURN: 6.8% gross LEASE: expires 18th April 2024 RENTAL INCREASES: CPI annually OUTGOINGS: TENANT PAYS: Owners corporation fees Water rates & usage Insurance General maintenance LANDLORD PAYS: Council rates $573.16 pa For further details please contact Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists. M: 0438 557 885 P: (03) 9682 6222 E: nick@kingsfordproperty.com.au 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 Read more | Search neighbour's planning permit | Property report from Government |
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