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1204/31 Spring Street, Melbourne, Vic 3000 For Sale

1204/31 Spring Street, Melbourne, Vic 3000

$475,000 - $520,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings
60 m²
Area

Published on Tuesday, September 22, 2026 ( See property details for 1204/31 Spring Street, Melbourne, Vic 3000)

$475,000 - $520,000

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

Stylish one-bedroom apartment in Melbourne's heart, offering stunning garden views, modern open-plan living, and convenient city access.

🏡 Property Highlights

  • Prime location in Melbourne's CBD, opposite Treasury Gardens
  • Light-filled, open-plan living with floor-to-ceiling windows
  • Full-width balcony with city and garden views
  • Secure drive-in car space on title
  • Walking distance to major attractions like Federation Square and Flinders Street Station
  • Immediate access to Melbourne's free tram network

✨ Key Features

  • Open-Plan Living
  • Floorboards
  • Balcony
  • Secure Parking
  • Built in robes
  • Water tank
  • NBN / High-Speed Ready
  • Fully fenced
  • Pet-Friendly
  • Ensuite

Nestled in Melbourne's vibrant CBD, this neighbourhood offers unparalleled access to cultural landmarks, renowned dining, and entertainment options. Enjoy the lush greenery of Treasury Gardens and the convenience of nearby transport hubs. The area boasts a lively atmosphere with boutique shopping, cafes, and world-class events. Its central location ensures effortless connectivity to the city's best attractions. A highly sought-after precinct perfect for urban living and lifestyle enthusiasts.

What are the key features of this apartment?
This apartment features a spacious open-plan living area, floor-to-ceiling windows, a full-width balcony with views of Treasury Gardens, secure drive-in parking, and modern amenities including NBN readiness and built-in robes.
Is the apartment suitable for entertaining?
Yes, the open-plan design and full-width balcony make it ideal for relaxing and entertaining guests while enjoying city and garden views.
What is the natural light exposure like?
The apartment benefits from abundant natural light through floor-to-ceiling windows, creating a bright and welcoming living space.
Are there any additional amenities included?
Yes, the property includes a secure drive-in car space on title, and is equipped with modern features such as NBN connectivity and water tank.
What is the current rental income and potential return?
The current rental return is approximately $550 per week, with an estimated potential return of $625 to $675 per week.
Are there any upcoming planned developments or construction projects in the vicinity that could affect the view or noise levels? What are the strata or body corporate fees, and what do they cover? Are there any restrictions or easements on the property that could impact future renovations? Has the property been inspected for any structural or pest issues? Are there any known issues with the building's compliance or recent repairs? What are the long-term plans for Treasury Gardens and surrounding public spaces? Is the property located in a flood or bushfire-prone area? Are there any ongoing or upcoming maintenance costs for the building or shared facilities? What are the rules regarding pet ownership within the building? Is there any history of noise complaints or disputes with neighbours?

1204/31 Spring Street, Melbourne, Vic 3000 - More Details

$475,000 - $520,000

• Located within The Philadelphia on the Corner of Flinders Lane and across from Treasury Gardens
• Immediate access to Melbourne city's free tram network
• 180m to Gordon Reserve & Parliament Station
• Walking distance to Federation Square, the Yarra River precinct & Flinders Street Station
• Minutes to St Patrick's Cathedral, Princess Theatre & The Old Treasury Building
• 450m to the William Barak Bridge, a stones throw from Melbourne's MCG, AAMI Stadium, Rod Laver, Melbourne Park & the Australian Open
• In the midst of ample restaurant, bar & cafe options on Flinders Lane, Spring Street & Collins Street.
• Light-filled, open plan living
• Floor-To-Ceiling Windows
• Full width balcony with views overlooking Treasury Gardens
• Secure Drive-In Car Space On Title
• Available to purchase with vacant possession

Current Rental Return: $550 per week (estimated return $625 - $675)

In the very heart of Melbourne: The Philadelphia. One of Melbourne's most renowned addresses that places the city's finest within effortless reach. Positioned in the Paris End of the CBD and directly opposite Treasury Gardens, moments from the MCG, Fitzroy Gardens, Parliament House and the CBD, this is a home surrounded by everything that makes Melbourne so desirable. Wander to the refined boutiques and celebrated restaurants of Collins Street, explore the laneways and pristine dining destinations of Flinders Lane, or just simply step outside and let the city unfold around you.

Natural light and an open-plan design welcomes you home, creating an alluring space extending effortlessly towards a full-width balcony overlooking the surrounding cityscape and greenery of Treasury Gardens. There is an effortless quality to this abode that makes it perfect for warm quiet mornings, relaxed evenings and entertainment amongst the beautiful city skyline that is Melbourne. Every brilliant element comes together with a sense of comfort and practicality. A kind of home that makes settling in feel remarkably easy, and leaving that much harder.

For those seeking a home with character, comfort and the lifestyle at your fingertips, this is one worth staying for.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
Area
60 m²

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