$240,000 Melbourne CBD studio listed by mortgagee

$240,000 Melbourne CBD studio listed by mortgagee
Staff reporterDecember 7, 2020

A studio in Melbourne has been listed by mortgagees at $240,000., down on its recent $260,000 asking price.

It started on the market last last year at $295,000.

It last sold at $180,000 in 2009 and initially at $228,000 in 2004.

Located in the heart of the CBD, the studio apartment in the Oaks on Collins building is only 500 metres from Southern Cross Station and tram stops.

The 907/480 Collins Street studio comes with the open-plan bedroom and living with views, kitchen with breakfast bar and a sleek bathroom.

Other features include reverse cycle split-system air-conditioner and built in robes.

It has been a $400 a week rental offering.

The median unit price sits on $469,000 according to CoreLogic.

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