27/1 Oconnell Street, North Melbourne, Vic 3051-Image

For Sale

27/1 Oconnell Street, North Melbourne, Vic 3051

27/1 Oconnell Street, North Melbourne, Vic 3051

$185,000

Unit

Type

Bedrooms

Bathrooms

Published on Friday, April 17, 2026 ( See property details for 27/1 Oconnell Street, North Melbourne, Vic 3051)

$185,000

View the agent price guide.

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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 modern, student-oriented apartment in North Melbourne offering excellent amenities, prime location, and strong rental income potential.

🏡 Property Highlights

Prime student-focused development with tailored living spaces
Excellent rental yield of nearly $400 per week
Strategic location close to Melbourne University and RMIT
Modern amenities including high-speed internet and communal lounge
Secure complex with elevator access and security entry
Private balcony with streetscape views

✨ Key Features

Balcony
Open-Plan Living
Built-in Robes
Heating
Security Screens / Gates
Elevator Access
Community Lounge
Bike Storage
High-Speed Internet
Coin-Operated Laundry

Suburb and Property Insights of North Melbourne, VIC 3051

North Melbourne is a vibrant inner-city suburb renowned for its lively atmosphere, excellent access to top universities, and a diverse array of cafes, shops, and cultural attractions. Its walkable streets and strong community vibe make it ideal for students and young professionals alike. The area offers convenient public transport links, ensuring easy connectivity to Melbourne’s CBD and beyond. With its mix of historic charm and modern amenities, North Melbourne continues to be a highly sought-after location for both living and investment. The proximity to Queen Victoria Market adds a unique shopping and dining experience, making it a dynamic and desirable neighbourhood.

Frequently Asked Questions

What makes this apartment ideal for students?

This apartment is purpose-built for students, featuring a spacious layout with two single beds, modern kitchen, communal lounge, and convenient amenities like high-speed internet and bike storage, all within walking distance to major universities.

What are the key features of the building?

The building offers secure entry, elevator access, a communal lounge, coin-operated laundry, bike storage, and high-speed internet, providing a comfortable and convenient living environment.

Is the property suitable for investment?

Yes, with a strong rental income of nearly $400 per week and its strategic location close to top universities and city attractions, this property offers excellent investment potential.

What are the nearby amenities and attractions?

Residents can enjoy proximity to Melbourne University, RMIT, Queen Victoria Market, cafes, restaurants, shops, and easy access to Melbourne’s CBD.

What is the condition of the apartment?

The apartment features a modern kitchen, stylish bathroom, quality carpet, and a private balcony, all maintained to a high standard for comfortable student living.

What to ask about this property to agent?

Are there any upcoming maintenance or renovation works planned for the building? What are the strata or body corporate fees and are there any special levies? Are there any restrictions or covenants affecting the property? Is the property compliant with all building and safety regulations? Are there any planned developments or zoning changes in the area that could impact the property? What are the long-term vacancy rates in the complex? Are there any known issues with noise, pests, or structural defects? Is the property flood or bushfire prone, and what insurance considerations apply? Are there any restrictions on leasing or subletting the apartment? What are the total ongoing costs, including council rates, utilities, and management fees?

27/1 Oconnell Street, North Melbourne, Vic 3051 - More Details

$185,000

Type: Unit
Bedrooms: 1
Bathrooms: 1

Price guide

View Statement Of Information

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27/1 Oconnell Street, North Melbourne, Vic 3051 - Point Of Interest

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Your Commute at a Glance: 27/1 Oconnell Street, North Melbourne, Vic 3051

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27/1 Oconnell Street, North Melbourne, Vic 3051

$185,000

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