2807/500 Elizabeth Street, Melbourne, Vic 3000

$490,000 - $540,000

Apartment
Type
2
Bedrooms
2
Bathrooms

Published on Tuesday, June 30, 2026 ( See property details for 2807/500 Elizabeth Street, Melbourne, Vic 3000)

$490,000 - $540,000

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

This modern two-bedroom, two-bathroom CBD apartment offers a low-maintenance lifestyle with contemporary finishes, excellent amenities, and unbeatable city convenience.

🏡 Property Highlights

  • Prime CBD location close to Melbourne Central and Queen Victoria Market
  • Modern two-bedroom, two-bathroom layout with quality finishes
  • Open-plan living and dining flowing onto a private undercover balcony
  • Master bedroom with ensuite and built-in robes in both bedrooms
  • Split-system heating and cooling for year-round comfort
  • Secure building with intercom access for added security

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Heating (Ducted/Split)
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Internal Laundry
  • Garage / Secure Parking
  • Waterfront / Views

Melbourne's CBD offers vibrant city living with easy access to public transport, renowned shopping precincts, diverse dining options, and cultural attractions. The area boasts excellent walkability, proximity to universities like RMIT, and beautiful green spaces such as Flagstaff Gardens. This dynamic neighbourhood is perfect for professionals, students, and investors seeking a convenient and lively urban lifestyle.

What are the key features of this CBD apartment?
This apartment features two bedrooms with built-in robes, an ensuite in the master, open-plan living and dining, a private balcony, split-system heating and cooling, secure building access, and modern kitchen appliances.
Is the apartment suitable for investment purposes?
Yes, its prime CBD location, high-quality finishes, and strong rental demand make it an excellent investment opportunity.
What amenities are nearby?
The property is close to Melbourne Central, Queen Victoria Market, RMIT University, Flagstaff Gardens, public transport, cafes, and restaurants, providing a highly convenient lifestyle.
Does the apartment have high-speed internet connectivity?
Yes, it is NBN / High-Speed Ready, ensuring fast internet access.
What security features does the building offer?
The building includes secure access with intercom systems and security screens for added safety.
Are there any upcoming strata or body corporate fees and what do they cover? Have there been any recent repairs or renovations to the building or apartment? Are there any restrictions or easements affecting the property? Is the building compliant with current safety and building codes? Are there any planned developments or construction projects nearby that could impact the property? What are the long-term maintenance costs associated with the building? Is there any history of flooding or bushfire risk in the area? Are there any noise or disturbance issues from neighboring properties? What are the parking arrangements and are there any additional costs? Are there any restrictions on renting out the property or short-term accommodation?

2807/500 Elizabeth Street, Melbourne, Vic 3000 - More Details

$490,000 - $540,000

Perfectly positioned in one of Melbourne's most convenient CBD locations, this modern two-bedroom, two-bathroom apartment offers a low-maintenance lifestyle with quality finishes and a functional floorplan, making it an excellent choice for owner-occupiers and savvy investors alike.

Designed for comfortable inner-city living, the spacious open-plan living and dining area flows seamlessly onto a undercover balcony, creating an inviting extension of the living space. The kitchen is beautifully appointed with stone benchtops, gas cooking, stainless steel appliances and ample storage, ideal for everyday living.

Both bedrooms feature built-in robes, with the generously sized master complemented by its own stylish ensuite. A second central bathroom services the remainder of the apartment, while a central split-system heating and cooling ensures year-round comfort.

Located moments from Melbourne Central, Queen Victoria Market, RMIT University, Flagstaff Gardens, public transport, cafés and restaurants, this apartment delivers the ultimate convenience with everything the city has to offer at your doorstep.

Features include:

Two generous bedrooms with built-in robes
Master bedroom with private ensuite
Modern kitchen with stone benchtops, gas cooking and stainless steel appliances
Open-plan living and dining area
Private undercover balcony
Split-system heating and cooling
Contemporary bathrooms with quality finishes
Secure building with intercom access
Outstanding CBD location close to transport, universities, shopping and dining

Whether you're looking for your first home, a city base or a high-performing investment, this well-presented apartment is an opportunity not to be missed.
Type
Apartment
Bedrooms
2
Bathrooms
2

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