×
You have no items in your shopping cart.
4008/500 Elizabeth Street, Melbourne, Vic 3000 For Sale

4008/500 Elizabeth Street, Melbourne, Vic 3000

$320,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Tuesday, October 13, 2026 ( See property details for 4008/500 Elizabeth Street, Melbourne, Vic 3000)

$320,000

Open on Thursday 15 October 12:30 pm | View All

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

A modern, low-maintenance one-bedroom apartment in Melbourne's vibrant city centre, offering excellent investment potential and convenient city living.

🏡 Property Highlights

  • Prime inner-city location with easy access to cafes, restaurants, shopping, and public transport
  • Contemporary finishes with a practical, open-plan layout
  • Bright living space with large windows and natural light
  • Strong rental history with current appraisal of $600 per week
  • Low ongoing outgoings including owners corporation fees and council rates
  • Well-designed one-bedroom, one-bathroom apartment ideal for owner-occupiers or investors

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Floorboards
  • Internal Laundry
  • Pet-Friendly
  • Low-Maintenance Yard
  • Balcony

Melbourne's CBD offers vibrant city living with easy access to world-class dining, shopping, and entertainment. The area boasts excellent public transport links, making commuting effortless. Surrounded by cultural attractions and green spaces, it provides a dynamic lifestyle. The neighbourhood is known for its modern apartments and strong rental demand. Its central location makes it ideal for both owner-occupiers and investors seeking high convenience and lifestyle appeal.

What are the ongoing costs associated with this apartment?
The owners corporation fees are approximately $776 per quarter, and council rates are around $213 per quarter, contributing to the property's maintenance and services.
Is the apartment suitable for investment purposes?
Yes, the apartment has a strong rental history with a current rental appraisal of $600 per week, making it an attractive investment option.
What amenities are nearby?
The apartment is surrounded by cafes, restaurants, shopping precincts, and public transport options, providing a highly convenient lifestyle.
Does the apartment have modern appliances and finishes?
Yes, it features streamlined finishes, quality appliances, and practical storage solutions, offering a contemporary and functional living space.
Is the apartment pet-friendly?
Yes, the property is pet-friendly, allowing residents to enjoy a comfortable and accommodating environment for their pets.
Are there any upcoming or planned developments in the area that could affect the property's value or living environment? What are the specific strata or owners corporation rules and fees, and are there any special levies planned? Are there any known issues with the building's structure, plumbing, or electrical systems? Is the property compliant with all building codes and regulations, including fire safety standards? Are there any restrictions or easements on the property that could impact future renovations or use? What is the history of the property's maintenance and any past repairs or defects? Are there any noise or disturbance issues from nearby construction, traffic, or nightlife? Is the property located in a flood or bushfire-prone zone, and what precautions are in place? Are there any planned changes to public transport routes or infrastructure that could influence accessibility? What are the long-term zoning plans for the area that might affect property value or development potential?

4008/500 Elizabeth Street, Melbourne, Vic 3000 - More Details

$320,000

Unit 4008 is a well-designed one-bedroom, one-bathroom apartment combining contemporary finishes with a practical layout in a convenient inner-city location. Its clean, minimalist aesthetic and efficient use of space make it an appealing choice for owner-occupiers seeking low-maintenance city living or investors looking to expand their portfolio.

The open-plan living and dining area connects seamlessly with the kitchen, while large windows welcome natural light and create a bright, inviting atmosphere. Streamlined finishes, quality appliances and practical storage make the kitchen well suited to everyday use.

The comfortably proportioned bedroom offers privacy and a peaceful retreat, complemented by a modern bathroom with sleek fittings. The thoughtful layout delivers comfort and functionality throughout.

Previously rented at $600 per week, the apartment offers a strong rental history, with a current rental appraisal of $600 per week equating to approximately $31,200 annually. Low ongoing outgoings further enhance its investment appeal, with owners corporation fees of approximately $776 per quarter and council rates of approximately $213 per quarter.

Surrounded by cafés, restaurants, shopping and public transport, Unit 4008 places Melbourne's city conveniences within easy reach. Whether purchasing a city home or an investment, this apartment offers an attractive combination of location, practicality and low-maintenance appeal.
Type
Apartment
Bedrooms
1
Bathrooms
1

Inspections times

  • Inspection Thu 15 Oct 12:30 pm

    Thursday 15 October
    12:30 pm - 12:45 pm
    Add to calandar Remind Me

  • Inspection Sat 17 Oct 12:55 pm

    Saturday 17 October
    12:55 pm - 1:15 pm
    Add to calandar Remind Me

Map & nearby places — 4008/500 Elizabeth Street, Melbourne, Vic 3000

Explore 4008/500 Elizabeth Street, Melbourne, Vic 3000 in 3D

See the photorealistic 3D view of this property and everything around it before you book an inspection.

  • Photorealistic 3D aerial & street-level flyover
  • Nearby schools, parks, shopping, transport, health & dining
  • Walking & driving routes with travel time from the front door
  • Satellite & hybrid map views, full-screen mode

Email Enquiry To Brady Residential - MELBOURNE

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Melbourne

Real Search makes searching for your new home easy with properties for sale in Melbourne and properties for rent in Melbourne. Are you looking for specific type of property? Real Search has units for sale in Melbourne and houses for sale in Melbourne. Real Search also provides 1 bedroom apartment for sale in Melbourne, 2 bedroom apartment for sale in Melbourne & 3 bedroom apartment for sale in Melbourne. Find best real estate agents in Melbourne. You can also check real estate agencies in Melbourne. Research the property market of Melbourne with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.