309/408 Lonsdale Street

Melbourne VIC 3000

31 m²

Studio

Currently for sale - view listing

Overview

High Yield CBD Investment – 10.7% Gross Rental Return!

An exceptional opportunity for investors seeking attractive rental returns and an affordable entry into Melbourne's CBD property market. Generating an approximate 10.7% gross rental return, this fully furnished studio apartment offers an appealing investment proposition, with an existing lease of $1,955 per month secured until January 2027, providing established rental income. Immaculately presented and designed for easy maintenance, the apartment features a well-appointed kitchen, practical open plan layout, large windows providing abundant natural light and a private bathroom. The furnished offering further enhances its convenience and rental appeal. Investment Highlights: • Approximately 10.7% gross rental return • Lease secured until January 2027 • Existing rental income of $1,955 per month (potential rental uplift for higher yield after January 2027) • Fully furnished and immaculately presented • Functional, low maintenance studio layout • Secure building entrance Unbeatable CBD Convenience: • Moments from Melbourne Central and Queen Victoria Market • Close to RMIT University and Melbourne University • Easy access to train stations and public transport • Walking distance to Flagstaff Gardens, Bourke Street Mall and Melbourne's major shopping and dining precincts With an established tenancy, attractive rental yield and sought after CBD position, this property presents a compelling opportunity for investors prioritising rental income and a manageable investment in Melbourne's inner city market. Attractive returns. Established rental income. Prime CBD location. An investment opportunity not to be missed! *Inspection by Appointment Only.