Opportunities like this are few and far between, an affordable, high-yielding studio in a premium CBD location, just steps from Queen Victoria Market, RMIT University, the State Library, and within easy reach of Melbourne University.
Positioned on the 10th floor, this cleverly designed apartment offers the ultimate in low-maintenance living with impressive returns. Previously leased and returning over 12% gross yield, it's the ideal set-and-forget investment for savvy buyers looking to capitalise on strong tenant demand in the student, city-worker and weekday-renter markets.
Whether you're looking for a first step into the property market, a smart addition to your investment portfolio, or a convenient base in the city, this property delivers unbeatable versatility and value. Compact yet functional, it includes a tidy kitchen, bathroom, built-in storage, and plenty of natural lighteverything you need, right where you need it.
Located moments from trams, train stations, cafés, retail, and some of Melbourne's most iconic destinations, this is a rare chance to secure a blue-chip asset at an accessible price point, with long-term growth potential and consistently high rental demand.