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1701/39 Lonsdale St

Melbourne VIC 3000

2
1
Apartment
Currently for sale - view listing

Overview

High-Yield CBD Opportunity with 8%+ Gross Return

Positioned on Level 17 of the highly sought-after 39 Lonsdale Street complex, this two-bedroom apartment presents an exceptional opportunity for both investors and owner-occupiers. Currently leased at $2,390 per month, delivering an outstanding gross rental yield of over 8%, it also offers the flexibility to move in and enjoy an unbeatable CBD lifestyle. Featuring a bright north-facing living and dining area with expansive floor-to-ceiling windows, the apartment is filled with natural light and enjoys impressive city views. The open-plan layout flows seamlessly into the contemporary kitchen, equipped with quality appliances and generous storage. Both bedrooms are generously sized with built-in robes, while the central bathroom is stylish, and practical. Whether you're seeking a high-performing investment or a spacious city home, this apartment is an outstanding choice. A rare opportunity to secure a high-yielding investment or an exceptional city residence in one of Melbourne's most tightly held CBD locations.

Features

2 bedrooms
1 bathroom
Apartment

Property history for 1701/39 Lonsdale St

2023
Rented
Undisclosed
Leased on 29 Jun 2023 by Elite Real Estate - Melbourne
2022
Rented
Undisclosed
Leased on 27 Jul 2022 by Elite Real Estate - Melbourne
2019
Rented
Undisclosed
Leased on 25 Nov 2019 by Elite Real Estate - Melbourne

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.

This is based on voluntary sentiment collected from 122 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 790 two-bedroom apartments similar to 1701/39 Lonsdale St, have been sold.

This represents a 8% increase in two-bedroom apartments sales when compared to the previous 12 months.

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