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.
