4109/560 Lonsdale Street, Melbourne VIC 3000

4109/560 Lonsdale Street, Melbourne VIC 3000
3-bed CBD apartment in 110m² floorplan| Rarer size in high-rise| Secured parking + amenities| Proven rental appeal|This three-bedroom apartment on a 110sqm internal layout suits CBD professionals or small families prioritising lock-up garage and resort-style facilities in a central tower. Positioned on the 41st floor of a 58-storey award-winning complex, it delivers elevated city living with floor-to-ceiling windows and private balcony space that maximises natural light and views. The 110sqm footprint stands out among smaller one- and two-bedroom units dominating this building, offering genuine separation of living zones plus dedicated study potential for remote workers. Within the Melbourne Grand development, it benefits from shared amenities like a heated pool, gym, and residents’ lounge on the 10th floor, enhancing daily usability without personal maintenance. Buyers drawn to three-bedroom configurations here typically include downsizers from outer suburbs or investor couples targeting stable yields around 6 percent, as seen in comparable sales. Similar apartments in the tower have held value steadily over 6-10 years for most owners, reflecting the suburb’s tight rental market and low vacancy rates. Free from overlays like flood or heritage restrictions, the residential zoning supports straightforward holding. Its prime Lonsdale Street slot near Southern Cross Station and Queen Victoria Market underpins long-term demand from transport-reliant tenants, positioning it for enduring appeal amid ongoing CBD revitalisation. Market data shows these larger units outperforming smaller peers in rental growth, making it a pragmatic choice for income-focused portfolios.

Market Insight:

Melbourne’s CBD housing market is dominated by high-density apartment developments. Demand is driven by investors, students, and professionals seeking proximity to employment and universities. Property prices can fluctuate depending on supply levels, though rental demand remains strong. The CBD offers unparalleled access to employment, entertainment, and cultural amenities.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

110m²

Built

Recent Assessments