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101/175 Rosslyn Street, West Melbourne VIC 3003

$340,000

Apartment 1 Bed 1 Bath 45 m²
Listed: 26 days ago
Updated: 15 hours ago
Overview

This well-located apartment at 101/175 Rosslyn Street presents an excellent opportunity for investors or downsizers seeking a compact yet comfortable city fringe dwelling.

Positioned within the University High School Zone and close to North Melbourne Primary School, this property benefits from highly regarded educational access. Transport connections are exceptional, with North Melbourne Station and Victoria Street trams nearby, complementing proximity to CityLink, flagging easy CBD access. Local amenities are also within reach including Errol Street shops, cafes, Queen Victoria Market, and recreational areas such as Flagstaff Gardens and Docklands.

Inside, the apartment's design maximizes natural light through floor-to-ceiling windows, creating a bright and inviting living environment. The generous balcony extends the living space outdoors, offering a pleasant private retreat. Storage needs are well catered for with built-in compartments and a dedicated storage cage.

The interior comforts include air conditioning and heating, ensuring year-round climate control, while the living area is spacious for everyday activities. The modern European kitchen stands out with premium appliances, perfectly suited for contemporary cooking. The bathroom is sleek with Euro laundry facilities providing convenience within a compact footprint.

Occasioned as a low-maintenance residence within a boutique complex on a quiet street, this property appeals particularly to those seeking a manageable urban home that does not compromise on lifestyle or amenities. Its tenant is on a month-to-month lease paying $501 per week, reflecting good rental demand for this size and location.

In sum, this apartment is an attractive slice of the inner-city lifestyle, combining excellent location, thoughtful design, and functional living within a quiet and secure setting.

Local Market Insights

In West Melbourne, Quiet Listings observed 10 new apartments entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $596,400. The property type mix of listed properties is predominantly Apartments at 73%, followed by commercial properties (20%), and townhouses (7%). The most active agency for apartments in the West Melbourne area is currently Nelson Alexander, representing 30% of new listings, followed by Melcorp Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for West Melbourne VIC 3003
New Listings (last 30 days)
10
Average price
$596,400
Lowest price
$340,000
Highest price
$1,200,000
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