510/238 Flinders Lane, Melbourne, Vic 3000

$172,500

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Monday, July 20, 2026 ( See property details for 510/238 Flinders Lane, Melbourne, Vic 3000)

$172,500

Ofer Rotkopf SALES EXECUTIVE/LICENSED ESTATE AGENT
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, secure studio apartment in Melbourne’s vibrant CBD, offering excellent lifestyle and investment opportunities with convenient amenities and connectivity.

🏡 Property Highlights

  • Prime city centre location opposite Flinders Street Station
  • Secure building with lift access and intercom entry
  • Excellent rental potential in a high-demand area
  • Close to Federation Square, laneway cafés, and arts precincts
  • Within the Free Tram Zone for easy CBD access
  • Resident amenities including communal lounges and shared laundry

✨ Key Features

  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Internal Laundry
  • Home Office / Study Nook

Melbourne’s Flinders Lane precinct offers vibrant city living with easy access to iconic attractions, renowned cafés, arts and entertainment venues, and excellent public transport options. The area boasts a lively atmosphere, diverse dining options, and proximity to universities, making it ideal for professionals, students, and investors alike.

What are the key features of this apartment?
This apartment features an efficient studio layout with distinct zones for living, sleeping, and study, a modern bathroom, a practical kitchenette, secure building access, and resident amenities including communal lounges and shared laundry facilities.
Is the apartment suitable for investment purposes?
Yes, the property has excellent rental potential driven by strong demand in Melbourne’s CBD, making it an attractive option for investors.
What amenities are available within the building?
Residents have access to communal lounges, table tennis, shared laundry facilities, secure intercom entry, and on-site reception and concierge services.
How accessible is the location for daily commuting?
The apartment is located within the Free Tram Zone, providing easy access to the entire CBD, and is directly opposite Flinders Street Station, ensuring excellent connectivity.
What nearby attractions and facilities are within walking distance?
The property is close to Federation Square, Yarra River, laneway cafés, universities, restaurants, and Melbourne’s arts and entertainment precincts.
Are there any upcoming maintenance or renovation works planned for the building that could affect strata fees or living conditions? What are the specific strata or owners corporation rules and regulations applicable to this apartment? Are there any restrictions on short-term rentals or Airbnb usage within the building? Has the property been inspected for any structural issues or defects? Are there any easements, zoning restrictions, or planning overlays that could impact future development or use? Is the building compliant with all safety and fire regulations? What are the total annual outgoings, including strata fees, council rates, and water rates? Are there any known noise issues or neighbour disputes in the building or surrounding area? Is the property located in a flood or bushfire-prone zone? Are there any planned infrastructure projects or developments nearby that could affect the property’s value or living environment?

510/238 Flinders Lane, Melbourne, Vic 3000 - More Details

$172,500

Positioned in the heart of Melbourne’s iconic Flinders Street precinct, this well-presented studio apartment offers an outstanding opportunity for first home buyers, investors, or those seeking a secure and convenient city base. Located directly opposite Flinders Street Station and moments from Federation Square, the property delivers immediate access to the very best of the CBD.

Lifestyle & Location
Enjoy unrivalled inner-city living with Melbourne’s premier attractions at your doorstep. Walk to the Yarra River, renowned laneway cafés, leading universities, restaurants, and the city’s vibrant arts and entertainment precincts. Positioned within the Free Tram Zone, the entire CBD is easily accessible, while the completed Metro Tunnel further enhances connectivity.

Key Features
Efficiently designed studio layout with distinct zones for living, sleeping, and study
Modern bathroom complemented by a practical kitchenette
Secure building with lift access
Excellent rental potential driven by strong demand in this prime location
Building Features
Secure intercom entry
On-site reception and concierge
Resident amenities including communal lounges, table tennis, and shared laundry facilities
Outgoings (Approx.)
Council Rates: $555 per annum
Water Rates: $737 per annum
Owners Corporation Fees: $3,163per annum
Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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