1507/250 Elizabeth Street, Melbourne VIC 3000
1507/250 Elizabeth Street, Melbourne VIC 3000
Level 15 city views | renovated one-bedder | 250E complex amenities | investor or owner-occupier appeal
The fully renovated interior with open-plan living, city outlook toward the GPO clock tower, and integrated kitchen appliances positions this unit as a turnkey proposition for a buyer seeking immediate occupancy or rental income. The 250E building’s pool, gym, and rooftop facilities add lifestyle appeal that supports demand from professionals and students, while the walk-in robe and Euro laundry are uncommon at this price point.
The wide estimated value range from $374,000 to $2,000,000 signals valuation inconsistency that a buyer should reconcile with a pre-purchase appraisal. The 2013 last sale suggests limited recent turnover data, and the short-stay opportunity carries regulatory risk under Melbourne’s current letting rules. A buyer should secure a building inspection for the 15-year-old complex and confirm body corporate fees. Before an offer is made, the detailed report should test the valuation, comparable sales, rental evidence and site-specific risks rather than relying on the headline features alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 1507/250 Elizabeth Street, Melbourne VIC 3000
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Melbourne’s core is defined by its unparalleled lifestyle proximity and tightening supply, attracting a broad buyer pool of owner-occupiers, downsizers, and investors. Sustained demand is driven by urban renewal, low vacancy rates, and robust sales activity, supporting solid price growth. Future prospects are underpinned by scarcity and gentrification, though affordability pressures and an easing of supply tightness present emerging headwinds for the market’s resilience.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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