37/8 Royal Lane

Fitzroy VIC 3065

Apartment

Last sold for $355,000

Sonya Laferla, last sold this property on 06 February 2026 after 66 days on market.

Overview

A compelling, investor-only high-yield opportunity in a blue-chip location

Positioned within the sought-after Comfort Apartments Royal Gardens complex, this secure one-bedroom asset delivers a rare combination of strong, consistent returns and exceptional long-term stability. Currently leased as serviced, self-catering accommodation, the property generates an impressive $22,100 per annum with zero vacancy periods a performance profile that immediately sets it apart from typical residential investments. Surrounded by beautifully maintained gardens, the property offers premium on-site amenities including an outdoor pool and barbecue area, in a location moments from Melbourne CBD, Royal Exhibition Building & Carlton Gardens, vibrant Brunswick and Gertrude Street dining and cultural precincts, trams, Melbourne University and St Vincent's Hospital. - Secure 5-year lease in place, with two further 5-year options, offering up to 15 years of dependable income. - Bright, open-plan living and dining zone, flowing seamlessly to a private balcony that enhances guest appeal. - Modern kitchen with quality appliances and generous storage. - Well-appointed double bedroom with built-in robes, ceiling fan, and a private ensuite with shower over bath. - Added convenience of internal laundry, split-system heating/cooling, and a dedicated car space on title.

Features

1 bedroom

1 bathroom

1 carspace

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fitzroy over the last 12 months, the estimated median property value of 37/8 Royal Lane is $520k.

Median value

$520k

Estimated value range

$305k - $824k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Fitzroy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 37/8 Royal Lane

2026

Sold

$355,000

Private Sale/Treaty on 06 Feb 2026 by Sonya Laferla, of Nelson Alexander Fitzroy

Happy sellers in Fitzroy

We have insufficient information to provide an overview of customer satisfaction for Fitzroy. Viewing the agent profiles, reviews and sales for Fitzroy can provide insights for this location.