816/238 Flinders Street, Melbourne, Vic 3000

Private Sale $180,000-$195,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Thursday, August 27, 2026 ( See property details for 816/238 Flinders Street, Melbourne, Vic 3000)

Private Sale $180,000-$195,000

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

A modern, well-located studio apartment in Melbourne's heart, offering excellent amenities and connectivity for investors or city professionals.

🏡 Property Highlights

  • Prime city centre location in Melbourne’s vibrant Flinders Street precinct
  • Secure building with lift access, intercom, and on-site reception/concierge
  • Well-designed studio layout with distinct living, sleeping, and study zones
  • Potential rental income of $300 - $350 per week
  • Close to major attractions, cafes, universities, and arts precincts
  • Within the Free Tram Zone for easy CBD access

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Intercom
  • Elevator
  • Water tank
  • NBN / High-Speed Ready
  • Fully fenced
  • Pet-Friendly
  • Waterfront / Views

Melbourne’s Flinders Street precinct offers vibrant city living with easy access to the Yarra River, renowned laneway cafes, leading universities, and arts and entertainment venues. The area boasts excellent public transport connectivity, including the CBD’s Free Tram Zone and the new Metro Tunnel, making it ideal for professionals and students alike. Residents enjoy a lively atmosphere with cultural attractions, dining options, and recreational spaces all within walking distance.

What are the key features of this apartment?
This apartment features a modern bathroom, practical kitchenette with washing machine, wardrobe, extra storage, secure building access with lift, intercom, communal lounges, and is situated in a vibrant city location.
Is the apartment suitable for investment purposes?
Yes, with a potential rent of $300 - $350 per week, this apartment offers a strong investment opportunity in Melbourne’s CBD market.
What amenities are available in the building?
The building includes lift access, intercom entry, on-site reception/concierge, and communal lounges for residents.
How accessible is the location for public transport?
The property is within the Free Tram Zone, providing easy access to the entire CBD, and benefits from the new Metro Tunnel for enhanced connectivity.
What are the ongoing costs associated with ownership?
Owners Corporation Fees are approximately $380 per quarter, with council rates around $693 annually and water rates about $791 per year.
Are there any upcoming maintenance or special levies planned for the Owners Corporation? Has the property been inspected for any structural or plumbing issues? Are there any restrictions or easements affecting the property? 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 strata or owners corporation rules regarding renovations or modifications? Is there any history of flooding or bushfire risk in this area? Are there any noise or nuisance issues from neighboring properties? What is the long-term plan for the communal areas and building upgrades? Are there any restrictions on pets or other resident policies?

816/238 Flinders Street, Melbourne, Vic 3000 - More Details

Private Sale $180,000-$195,000

Set in the heart of Melbourne’s vibrant Flinders Street precinct, this well-positioned studio presents an exciting opportunity for first home buyers, investors or those seeking a convenient city base. Efficiently designed with distinct zones for living, sleeping and study, the apartment also features a modern bathroom and practical kitchenette, with plenty of scope to add value and make it your own.

- Studio apartment with wardrobe and extra storage
- Kitchen with washing machine
- Bathroom
- Around 34m2
- Secure building with lift access, intercom entry and on-site reception/concierge
- Communal lounges for residents
- Potential rent $ 300 - $350 per week
- Owners Corporation Fees: $380 approx. per quarter
- Council Rates: $693 per annum approx.
- Water Rates: $791 per annum approx.

Enjoy unrivalled inner-city living with Melbourne's premier attractions at your doorstep. Walk to the Yarra River, renowned laneway cafes, 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.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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