1/640 Elizabeth Street, Melbourne, Vic 3000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings
91 m²
Area

Last updated on Friday, June 05, 2026 ( See property details for 1/640 Elizabeth Street, Melbourne, Vic 3000)

Offers Between $650,000 - $700,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-level apartment with commercial frontage, modern updates, and city views, perfectly positioned in Melbourne's vibrant CBD precincts.

🏡 Property Highlights

  • Prime city-fringe location with excellent street exposure
  • Dual-level property offering versatile commercial and residential use
  • Recently refurbished with modern updates and fresh finishes
  • Spacious 91 sqm layout across two levels
  • Bright, well-proportioned private residence with city views
  • Secure undercover car space included

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Ensuite
  • Built-in Robes
  • Outdoor Area
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Home Office / Study
  • Ceiling Fans

Melbourne's CBD offers unparalleled access to shopping, dining, and cultural attractions. The area boasts excellent public transport links, proximity to universities and medical precincts, and vibrant street life. Its central location ensures high demand from tenants and owners alike, making it a prime investment opportunity. Surrounded by parks like Carlton Gardens and Flagstaff Gardens, residents enjoy a balanced urban lifestyle. The neighbourhood combines historic charm with modern amenities, perfect for professionals and investors seeking convenience and growth.

What are the key features of this dual-level apartment?
This apartment features a private main bedroom with en-suite, open-plan living and dining areas, a modern kitchen, balcony with city views, and a secure undercover car space.
Is the property suitable for investment purposes?
Yes, the property offers strong rental demand due to its prime location, modern updates, and versatile commercial and residential spaces, making it an excellent investment opportunity.
What amenities are nearby?
The property is within walking distance to trams, trains, Carlton Gardens, Flagstaff Gardens, and North Melbourne's vibrant village lifestyle, providing excellent convenience and lifestyle options.
Has the property been recently refurbished?
Yes, it has been freshly updated with new carpets, fresh paint, and modern lighting throughout.
What is the layout of the commercial and residential spaces?
The ground level features a shopfront suitable for commercial use with display windows and a kitchenette, while upstairs offers a bright, spacious private residence with a balcony and city views.
Are there any zoning restrictions or planning overlays affecting the property? What are the strata or body corporate fees and regulations, if applicable? Are there any easements or covenants registered on the title? Has the property been inspected for structural defects or pest issues? Are there any upcoming developments or construction projects nearby that could impact the property? What are the ongoing costs for maintenance and council rates? Is the property compliant with all building and safety regulations? Are there any flood or bushfire risks in the area? What are the terms of the lease or ownership if used as a commercial space? Are there any restrictions on modifications or renovations to the property?

1/640 Elizabeth Street, Melbourne, Vic 3000 - More Details

Offers Between $650,000 - $700,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
Area
91 m²

Price guide

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