1406/639 Lonsdale Street, Melbourne VIC 3000

2 bedrooms, 2 bathrooms, car space included | 14th floor with broad views | Opposite Southern Cross Station | Premium functional tier for CBD apartment A 74-square-metre apartment with two bathrooms and a dedicated car space places this property above the typical entry-level stock found in Melbourne’s central towers. The inclusion of a study nook, balcony, and European laundry adds practical daily value that smaller one-bathroom units lack. Located directly opposite Southern Cross Station, the position suits owner-occupiers who want immediate rail and tram access, as well as investors seeking a lock-and-leave property in a high-demand transport and employment corridor. The building’s indoor lap pool, gym, and garden terrace further lift its appeal for professionals and downsizers prioritising convenience and amenity. The estimated rental income of around $790 per week, when considered against the current asking range, suggests a gross yield that is notably strong for an inner-city apartment. The heritage overlay status for this exact lot should be verified with council records, as conflicting reports exist for nearby addresses. Buyers should also consider that strata levies and building management costs are not disclosed in available material, and these recurring expenses can materially affect net return and holding costs. Without confirmed settled comparable sales for this specific tower, the price view remains partly dependent on broader market conditions in this precinct.