602/589 Elizabeth Street, Melbourne, Vic 3000

For Sale

602/589 Elizabeth Street, Melbourne, Vic 3000-Image

602/589 Elizabeth Street, Melbourne, Vic 3000

Name: Inspection
Start: 2026-07-11T10:00:00+10:00
End: 2026-07-11T10:30:00+10:00
Location: 602/589 Elizabeth Street, Melbourne, Vic 3000

$429,000

Apartment

Type

Bedrooms

Bathrooms

Last updated on Tuesday, July 07, 2026 ( See property details for 602/589 Elizabeth Street, Melbourne, Vic 3000)

$429,000

View the agent price guide.

Anthony Cimino - Real Estate Agent - Inner Real Estate Next RE - Melbourne

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Matt Kunz - Real Estate Agent - Inner Real Estate Next RE - Melbourne

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AI Property Insight

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

A stylish two-bedroom apartment in Melbourne's vibrant CBD, offering modern living, CBD views, and strong investment potential.

🏡 Property Highlights

Prime CBD location with CBD views from the balcony
Well-designed floorplan with excellent separation of living and bedroom zones
Two bedrooms with built-in robes and external windows for natural light
Contemporary kitchen featuring stone benchtops and premium appliances
Currently leased at approximately $580 per week, offering investment appeal
Secure apartment living in a sought-after Melbourne precinct

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area / Balcony
Security Screens / Gates
Waterfront / Views
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Ceiling Fans
Internal Laundry
Pet-Friendly

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne's CBD offers unparalleled access to world-class dining, shopping, and cultural experiences. The area boasts excellent public transport links, proximity to universities and hospitals, and a vibrant urban lifestyle. This neighbourhood is ideal for professionals, students, and investors seeking a dynamic city centre base. With ongoing development and high demand, it promises strong long-term growth and lifestyle benefits.

Frequently Asked Questions

What are the key features of this apartment?

This apartment features two bedrooms with built-in robes and external windows, a contemporary kitchen with stone benchtops and premium appliances, a spacious open-plan living and dining area, a generous balcony with CBD views, and secure apartment living.

Is the apartment suitable for investment purposes?

Yes, the property is currently leased at approximately $580 per week, making it an attractive investment opportunity with strong rental income and long-term growth potential.

What amenities are nearby?

The apartment is conveniently located near Queen Victoria Market, RMIT University, The University of Melbourne, major hospitals, public transport, and Melbourne's best cafés, restaurants, and retail precincts.

Does the apartment have natural light and views?

Yes, both bedrooms feature external windows allowing natural light, and the balcony offers CBD views, enhancing the living experience.

What is the internal living space size?

The apartment offers approximately 60sqm of internal living space.

What to ask about this property to agent?

Are there any upcoming maintenance or strata fee increases planned for the Owners Corporation? Are there any restrictions or special conditions in the strata scheme that could affect ownership or use? Is the apartment compliant with all building codes and regulations? Are there any planned developments or construction projects nearby that could impact the property? What are the potential risks of flooding or bushfire in this area? Are there any easements or zoning restrictions affecting the property? Is there any history of structural issues or defects with the apartment? Are there any noise or disturbance issues from neighboring properties or ongoing construction? What are the long-term plans for the surrounding neighbourhood and infrastructure? Are there any additional costs or fees not included in the current outgoings?

602/589 Elizabeth Street, Melbourne, Vic 3000 - More Details

$429,000

Type: Apartment
Bedrooms: 2
Bathrooms: 1
House Size: 60 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

Inspection Sat 11 Jul 10:00 am

Saturday 11 July
10:00 am - 10:30 am

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602/589 Elizabeth Street, Melbourne, Vic 3000

$429,000

Open on Saturday 11 July 10:00 am | View All

AI Property Insight

🏡 Property Highlights

✨ Key Features

Suburb and Property Insights of Melbourne, VIC 3000

Frequently Asked Questions

What to ask about this property to agent?

602/589 Elizabeth Street, Melbourne, Vic 3000 - More Details

$429,000

Price guide

Inspections times

Inspection Sat 11 Jul 10:00 am

602/589 Elizabeth Street, Melbourne, Vic 3000 - Point Of Interest

Locate Near By Places of 602/589 Elizabeth Street, Melbourne, Vic 3000 On Map

Your Commute at a Glance: 602/589 Elizabeth Street, Melbourne, Vic 3000

Email Enquiry To Inner Real Estate Next RE - Melbourne

Anthony Cimino

Matt Kunz

Explore More About Melbourne

Help Us Maintain Accuracy: Report Data Errors