2402/618 Lonsdale Street, Melbourne VIC 3000

2402/618 Lonsdale Street, Melbourne VIC 3000
CBD high-floor two-bedder | 84sqm with study nook | building pool and gym | prime walkability to universities and stations This unit offers a rare combination of genuine internal spaceโ€”84 square metresโ€”and a functional two-bedroom, two-bathroom layout on a high floor with a south-facing balcony and direct CBD outlook. The study nook in the master bedroom, stone kitchen with breakfast bar, and double glazing make it suited to a professional owner-occupier seeking low-commute living, while the building concierge, heated pool, and gym add lifestyle amenity that supports above-average rental demand from corporate tenants. The size and configuration give this property a competitive edge over typical compact CBD stock, positioning it as a longer-term hold for someone who values liveability over speculative short-term gains. The reported heritage overlay (HO722) and flood overlay introduce regulatory constraints that may affect future external alterations or insurance costs, so a full body corporate review and due diligence on strata levies is essential before proceeding. Despite these overlays, the location directly between Southern Cross and Flagstaff stations, within walking distance of Queen Victoria Market and multiple universities, keeps vacancy risk low. For a buyer, this property works best as a core hold for steady rental income or as a genuinely usable owner-occupied homeโ€”not a flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2402/618 Lonsdale Street, Melbourne VIC 3000
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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

2

Bathroom

2

Parking

1

Land

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