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302/11-17 Cohen Place

Melbourne VIC 3000

Apartment
Currently for sale - view listing

Overview

Prime Investment in Melbourne's CBD – Studio Apartment

Discover an exceptional investment opportunity with Lot 302/11-17 Cohen Place, Melbourne. This modern studio apartment, operated by the reputable serviced apartment provider Punthill, offers a stress-free and secure addition to your portfolio. Perfectly positioned in Melbourne's vibrant city center, this property is designed to appeal to both business travelers and couples seeking a city escape. From renowned theaters to lively cultural attractions, the location provides easy access to the best of Melbourne's dynamic lifestyle. Property Highlights: Unbeatable Location: Situated in Melbourne's thriving CBD, steps from iconic entertainment, dining, and retail hubs. Professional Management: Operated by Punthill, ensuring exceptional service and seamless operations. Reliable Income Stream: Rental income of $17,948.04 per year, with a scheduled review in October 2025 to ensure competitive returns. Secure Lease: Benefit from a solid 15-year lease agreement, providing consistent and reliable rental income. Flexibility for Investors: Enjoy the option to terminate the lease with 90 days' notice, giving you control over your investment's future. Annual Outgoings: Owners Corporation Fees: Approx. $3,500/year Council Rates: Approx. $1,733.25/year Water Rates: Approx. $1,307/year This low-maintenance investment is a perfect match for those looking for a steady income stream and peace of mind in Melbourne's sought-after property market. With the flexibility to make future changes, this is an opportunity you won't want to miss. Contact us today for further details or to arrange an inspection!

Features

Apartment

Property history for 302/11-17 Cohen Place

2011
Sold
Undisclosed
Private Sale/Treaty on 12 Nov 2011 by Anthony Cimino, of Inner Real Estate NextRE

Happy sellers in Melbourne

79%
79% 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 apartments in Melbourne

In the last 12 months, 16 apartments similar to 302/11-17 Cohen Place, have been sold.

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

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