101/160 Little Lonsdale St

Melbourne VIC 3000

Apartment

Currently for sale - view listing

Overview

Furnished & Tenanted | 9.4% Yield | Rental Growth Upside to $550–$570/wk

Turnkey CBD Investment | Furnished | Secure Income Until July 2027 Perfectly positioned in the heart of Melbourne's CBD, this fully furnished and tenanted studio apartment at 160 Little Lonsdale Street represents a rare opportunity for investors seeking immediate, hassle-free rental income with compelling growth upside. The Investment Case Currently leased until 14 July 2027 at $1,955 per month, this property is generating a gross rental yield of approximately 9.4% at the listed price — well above the Melbourne unit market average of 7.97%. With comparable furnished units in the building and precinct now achieving $550–$570 per week, the next lease presents a meaningful rental uplift of 22–27% for the incoming owner. No vacancy risk. No setup costs. No furniture to source. Simply settle and collect. The Property Situated on Level 1 of the well-maintained complex, this intelligently designed studio offers: - 1 bedroom | 1 bathroom | private balcony - 26m² internal + 4m² balcony = 30m² total - Fully furnished including all white goods — completely move-in ready - Built 2003 | Capital City Zone CCZ1 — Schedule 1 - Council: City of Melbourne The Location Nestled on Little Lonsdale Street, one of Melbourne's most coveted CBD addresses, the property sits moments from: - Melbourne Central, QV and Emporium shopping precincts - Royal Melbourne Hospital and Melbourne University - Flagstaff Gardens - Excellent tram and train connections on your doorstep - World-class dining, cafes and entertainment Summary of Investment Figures - Listed price: $275,000 - Current rent: $450/week ($1,955/month) — lease to 14 July 2027 - Gross yield at listed price: approx. 9.4% - Projected rent (post-lease): $550–$570/week - Projected yield at $275k (post-lease): approx. 10.4–10.8% - Sold fully furnished including all white goods and fixtures Contact us for a private inspection.