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1304/442 Elizabeth St

Melbourne VIC 3000

2
1
Apartment
Currently for sale - view listing

Overview

Premium CBD Location, Secure Long-Term Lease Until 2029

Positioned in the heart of Melbourne's CBD, Lighthouse offers exceptional convenience with easy access to some of the city's most iconic landmarks and amenities, including Melbourne Central, QV, Queen Victoria Market, Emporium, Myer and David Jones. Renowned educational institutions including RMIT University and the University of Melbourne are within easy reach, while an excellent selection of cafes, restaurants and shopping options are just moments away. With a tram stop right at your doorstep, travelling throughout the CBD and surrounding areas is effortless. Located on the 13th floor of the prestigious Lighthouse building, this contemporary two-bedroom apartment presents an excellent opportunity for investors seeking an established property with secure rental income. Currently leased at $720 per week until June 2029, the apartment provides immediate income with the benefit of a long-term tenancy already in place. The contemporary kitchen is equipped with stainless-steel appliances, gas cooktop, stone benchtop, mirrored splashback and generous storage, combining functionality with sleek modern design. The open-plan living and dining area offers a comfortable and practical layout and seamlessly connects to the enclosed winter garden balcony through floor-to-ceiling sliding glass doors, providing additional usable living space throughout the year. Both spacious bedrooms feature floor-to-ceiling windows and mirrored built-in robes. The central bathroom is beautifully appointed with a fully tiled shower, mirrored vanity and ample storage. Additional features include a Euro laundry, reverse-cycle air conditioning to the living area and bedroom, and intercom system. Residents also enjoy access to premium building facilities including a swimming pool, spa, sauna, gym, private dining room and entertainment spaces. Optional car space is available for purchase, subject to availability. With a prime CBD location, excellent building facilities and a secure lease at $720 per week until June 2029, this is an attractive opportunity for investors looking for immediate rental income and a well-positioned Melbourne CBD property. Contact us today for further information or to arrange an inspection. Disclaimer: The photos and floor plans provided are for reference purposes only. Buyers should conduct their own due diligence and verify all information before making a purchase decision. Any staging or virtual staging shown is for illustrative purposes only and is not included in the sale.

Features

2 bedrooms
1 bathroom
Apartment

Property history for 1304/442 Elizabeth St

2026
Rented
Undisclosed
Leased on 01 Feb 2026 by ICARE Real Estate
2019
Rented
Undisclosed
Leased on 10 Oct 2019 by LJ Hooker City Residential
2019
Rented
Undisclosed
Leased on 09 Oct 2019 by LJ Hooker City Residential

Happy sellers in Melbourne

86%
86% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 779 two-bedroom apartments similar to 1304/442 Elizabeth St, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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