380 Melbourne

380 Melbourne: Short-stay investment in Melbourne, VIC

Completed CBD apartments with resort-style amenities, steps to universities, retail and dining—well placed for year-round short-stay demand.

Investor highlights

• 1–3 bedroom apartments; pricing from $613,000.
• Amenities that lift ADR: 25 m heated lap pool, sauna/steam rooms, private cinema/karaoke, residents’ lounge, rooftop garden and BBQ terraces.
• Two-tower mixed-use project with at least 300 hotel suites and a retail arcade linking Lonsdale and Little Lonsdale—strong foot traffic and activation.
• Walk to Melbourne Central and Emporium; near RMIT, University of Melbourne and Victoria University.
• Construction complete—ready to furnish and list (subject to approvals).
• Consider: City of Melbourne STR rules and owners corporation bylaws may apply.

Location drivers

• Prime CBD address at 380 Lonsdale Street with easy access to transport links.
• Retail anchors: Melbourne Central, Emporium and other major centres within minutes.
• Education and culture: RMIT precinct, State Library of Victoria nearby.
• Leisure and dining: Chinatown and Hardware Lane at the door.
• Green space: Carlton Gardens and Flagstaff Gardens close by.

380 Melbourne delivers 728 residences across a contemporary twin-tower development in the heart of the CBD. The co-located hotel and new retail arcade support steady visitor flows, a positive for occupancy. The apartment mix (1–3 beds) suits business travellers, visiting academics, city-break couples and small families.

Onsite amenities are competitive for short stays, with a heated lap pool, sauna/steam facilities, cinema/karaoke and social lounges that can justify higher nightly rates compared to standard CBD stock. With construction complete, investors can move straight to settlement, furnishing and onboarding to a short-stay manager, subject to council and owners corporation requirements.

Next steps

Request the full brochure and current availability by bed type to assess fit-out and launch timelines.

Disclaimer: This is general information, not financial or legal advice. Short-stay use may be subject to City of Melbourne regulations and owners corporation rules—seek independent advice.