718/238 Flinders Street, Melbourne, Vic 3000

$195,000 - $214,500

Studio
Type
1
Bedrooms
1
Bathrooms

Last updated on Monday, July 06, 2026 ( See property details for 718/238 Flinders Street, Melbourne, Vic 3000)

$195,000 - $214,500

Hanns Yeh Senior Sales Executive & Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish, secure studio apartment in Melbourne's vibrant Flinders Street precinct offering exceptional lifestyle and connectivity.

🏡 Property Highlights

  • Prime location in Melbourne's iconic Flinders Street precinct, opposite Flinders Street Station
  • Secure building with lift access and intercom entry for peace of mind
  • Well-designed studio layout with dedicated zones for living, sleeping, and study
  • Excellent connectivity being inside the Free Tram Zone and near the Metro Tunnel
  • Resident amenities including lounges, laundry, and recreational facilities
  • High rental demand due to proximity to transport, universities, and entertainment

✨ Key Features

  • Security Screens / Gates
  • Open-Plan Living
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Balcony
  • Secure Parking

Nestled in Melbourne's vibrant CBD, Flinders Street offers world-class dining, retail, arts, and entertainment. Its prime location provides exceptional connectivity via train, tram, and metro services. The area boasts a lively atmosphere with iconic landmarks and cultural hotspots. Residents enjoy easy access to the Yarra River and numerous laneway cafés. The neighbourhood combines convenience, lifestyle, and a strong rental market appeal.

What are the benefits of living in a secure building with resident amenities?
Living in a secure building with amenities such as lounges, laundry, and recreational facilities offers convenience, safety, and a community atmosphere, enhancing your overall lifestyle.
How does the location near Flinders Street Station impact daily commuting?
Being directly opposite Flinders Street Station provides unparalleled access to train, tram, and bus services, making daily commuting effortless and saving valuable time.
Is the apartment suitable for investment purposes?
Yes, the apartment's high rental demand, prime location, and strong interest from tenants make it an excellent investment opportunity with potential for good returns.
What amenities are available within the building?
Residents can enjoy lounges, laundry facilities, a table tennis table, and a building concierge, providing comfort and convenience.
What is the layout and size of the apartment?
The apartment features a well-designed studio layout with dedicated zones for living, sleeping, and study, ideal for low-maintenance city living.
Are there any upcoming strata or building maintenance works scheduled that could affect living conditions or costs? What are the total annual outgoings, including strata fees, council rates, and water charges, and are there any additional costs? Are there any restrictions or easements affecting the property or building? Has the property been inspected for any structural issues or defects? Are there any planned developments or zoning changes in the vicinity that could impact the property’s value or lifestyle? Is the property compliant with all building and safety regulations? Are there any noise or disturbance issues due to its proximity to Flinders Street Station or other busy areas? What are the rules regarding pet ownership within the building? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on short-term rentals or Airbnb use within the building?

718/238 Flinders Street, Melbourne, Vic 3000 - More Details

$195,000 - $214,500

Perfectly positioned in the heart of Melbourne's iconic Flinders Street precinct, this stylish studio apartment offers an unbeatable opportunity for first home buyers, savvy investors, or those seeking a secure city base. Situated directly opposite Flinders Street Station and moments from Federation Square, this residence delivers the ultimate in convenience, lifestyle, and connectivity.

Key Features
• Well-designed studio layout with practical zoning for living, sleeping, and study
• Modern bathroom and kitchenette ideal for low-maintenance living
• Secure building with lift access
• Unbeatable location-walk to the Yarra River, laneway cafés, universities, restaurants, and Melbourne's famous arts and entertainment precincts
• Positioned inside the Free Tram Zone, placing the entire CBD at your doorstep
• Excellent rental demand, with similar apartments in the building historically attracting strong interest due to proximity to transport and amenities

Building Features
• Secure intercom entry
• On site reception and building concierge
• Resident facilities including a table tennis table, relaxed resident lounges and laundry facilities.

Lifestyle & Location
Living on Flinders Street means embracing Melbourne's most vibrant offerings-world class dining, retail, galleries, nightlife, and events. With the building located directly opposite Flinders Street Station, commuting couldn't be easier. The Metro Tunnel further elevates connectivity now that it is complete.

Outgoings as below:
Councils Rates: $555.08 per annum.
Water Rates: $737.01 per annum.
OC fees: $3,163.60 per annum.
Type
Studio
Bedrooms
1
Bathrooms
1

Price guide

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