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1316/39 Lonsdale Street

Melbourne VIC 3000

2
1
35 m²
Apartment
Currently for sale - view listing

Overview

An Investor's Dream with Secure Returns in Melbourne's Prestigious Paris End

The Phone Code for this property is: 80153. Please quote this number when phoning or texting. Positioned in one of Melbourne CBD's most tightly held pockets, this high-performing, fully furnished investment delivers immediate income with future upside - the perfect set-and-forget asset for savvy investors. Currently leased at $600 per week ($31,200 p.a.), the property is secured with a tenancy in place until June 2026, with the renters already expressing strong interest to extend - providing continuity of income and minimal vacancy risk. Located within the sought-after 'Student Living on Lonsdale' complex, this low-maintenance 2-bedroom apartment is strategically positioned to attract consistent rental demand from students and city professionals alike. If you wish to take vacant possession and move in, this is also an option to you. Investment Highlights: - Strong rental return: $600 per week fully furnished - Secure lease: Fixed until June 2026 with extension interest for a further 6-months. - Turnkey investment: Fully furnished, no additional capital required - High-demand location: Walking distance to RMIT, theatres, dining, and transport - Low-maintenance asset: Ideal for passive investors Property Features: - Light-filled open-plan living and dining area - Functional kitchen with stainless steel appliances - Two well-proportioned bedrooms with built-in robes - Modern central bathroom - Secure building with controlled entry Resident Amenities: - Communal lounge & games room - TV lounge - Shared laundry facilities Location Advantages: - Positioned in Melbourne's iconic Paris End - Steps to RMIT University and CBD campuses - Walking distance to Lygon Street dining precinct - Surrounded by theatres, restaurants, and nightlife - Close to Carlton Gardens, Treasury Gardens & Fitzroy Gardens - Moments to Melbourne Central, QV, and public transport (free tram zone & Parliament Station)

Features

2 bedrooms
1 bathroom
35 m² floor area
Apartment

Property history for 1316/39 Lonsdale Street

2023
Sold
Undisclosed
30 Apr 2023 by Eamon Chau, of Melcorp Real Estate City Central

Happy sellers in Melbourne

84%
84% 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.

This is based on voluntary sentiment collected from 134 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 818 two-bedroom apartments similar to 1316/39 Lonsdale Street, have been sold.

This represents a 10% increase in two-bedroom apartments sales when compared to the previous 12 months.

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