506/399 Bourke Street, Melbourne, Vic 3000

$430,000- $465,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings
51 m²
Area

Published on Friday, October 09, 2026 ( See property details for 506/399 Bourke Street, Melbourne, Vic 3000)

$430,000- $465,000

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

A stylish, fully equipped one-bedroom apartment in Melbourne's heart, offering modern comfort, city views, and excellent investment potential.

🏡 Property Highlights

  • Prime central Melbourne location with iconic GPO views
  • Stylish high-ceiling apartment with polished concrete floors
  • Modern kitchen featuring Smeg gas hotplates, convection oven, and Fisher & Paykel dishwasher
  • Secure car space included for convenience
  • Currently leased at $2,142 per month until September 2027, offering immediate rental income
  • Juliette balcony overlooking vibrant city streets

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Balcony
  • Fully fenced
  • Water tank
  • NBN / High-Speed Ready
  • Internal Laundry

Melbourne’s CBD offers unparalleled access to shopping, dining, and entertainment, with iconic landmarks and vibrant street life. The area boasts excellent public transport links, including trams and trains, making it ideal for city professionals and investors alike. Its central location ensures a dynamic lifestyle with everything at your doorstep. The neighbourhood combines historic charm with modern amenities, creating a sought-after urban environment.

What are the key features of this apartment?
This apartment features high ceilings, polished concrete floors, a Juliette balcony, modern kitchen with Smeg appliances, secure parking, air conditioning, and a fully tiled bathroom with a full-sized bath.
Is the property currently leased, and what is the rental income?
Yes, the property is leased at $2,142 per month until September 2027, providing immediate rental income for investors.
What amenities and attractions are nearby?
The apartment is within walking distance to Hardware Lane, Bourke Street Mall, Equitable Place, and Bank Place, with easy access to cafes, shopping, dining, entertainment, and trams.
What is the condition of the apartment?
The apartment is modern and well-maintained, featuring high ceilings, polished concrete floors, and contemporary fixtures.
Is the apartment suitable for investment or owner-occupier?
It offers both options, with an attractive central location, rental income potential, and the possibility to move in next year.
Are there any upcoming strata or body corporate fees or special assessments? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural or pest issues? Are there any planned developments or construction projects nearby that could impact the property? What are the zoning regulations and potential for future modifications or extensions?

506/399 Bourke Street, Melbourne, Vic 3000 - More Details

$430,000- $465,000

High ceilings, polished concrete floors and a Juliette balcony overlooking Melbourne’s iconic GPO set the scene for stylish living in the heart of the city.
The kitchen features Smeg gas hotplates and rangehood, a convection oven and a Fisher & Paykel dishwasher. A fully tiled bathroom with a full-sized bath and a separate European laundry add everyday practicality, while air conditioning and a secure car space complete the package.

With
Hardware Lane, Bourke Street Mall, Equitable Place and Bank Place on your doorstep, your favourite café, a leisurely lunch or an evening out are all within easy reach. Explore Melbourne’s shopping, dining and entertainment, with trams at your door to take you further afield.

Currently leased at $2,142 per calendar month until September 2027, the apartment offers immediate rental income for investors and the opportunity to move in next year.

An appealing city home, convenient Melbourne base or solid investment combining character, comfort and an enviable central address.

Inspect as advertised or contact Susan to arrange a private appointment.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
Area
51 m²
House Size
50 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection tomorrow 12:00 pm

    Saturday 10 October
    12:00 pm - 12:30 pm
  • Inspection Sat 17 Oct 12:00 pm

    Saturday 17 October
    12:00 pm - 12:30 pm
Thank you for submitting your reminder request.

Map & nearby places — 506/399 Bourke Street, Melbourne, Vic 3000

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