For Sale

901/222 Russell Street, Melbourne, VIC, 3000

$390,000

1
1
65 m²

Apartment

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Inspection times

Inspections are by appointment only.

What's around 901/222 Russell Street

Solid Investment or Owner Occupy - The Choice is Yours...

Situated on Level 9 and with a preferred Northerly aspect, is this extra large one-bedroom apartment measuring 65 sqm. The well equipped kitchen flows to a welcoming open plan living/dining area enjoying excellent natural light that in turn leads to an 8 sqm balcony. The King sized bedroom offers BIRs and access to the balcony. A sparkling en suite including shower over bath, and euro laundry complete this home. The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne, and also has a quality restaurant and bar attached - all making this a very attractive home or investment. The apartment is presently leased as an Airbnb through MONO, however there may also be an opportunity to lease through Mantra. Alternatively, extinguish the Airbnb arrangement with 60 Days Notice and occupy the apartment yourself. With an impressive rental of around $600 per week (FY 2025/26), this top quality investment property would be a welcome addition to your investment portfolio. IMPORTANT INFORMATION: Internal Size: 65 sqm Balcony: 8 sqm Approximate Outgoings: Owner's Corp Admin fee: $3,042 pa OC Maintenance Fund fee: $1,468 pa Council rates: $1,872 pa Water rates: $1,314 pa Approx Rental 2025/26 FY - MONO Airbnb: $31,347 pa ($600/week) NB. Airbnb agreement can be extinguished with 60 days notice and owner occupation can occur. Inspection is by private appointment subject to availability. For further details please contact: Nick Walters of Kingsford Property - 0438 557 885 Nick@kingsfordproperty.com.au Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

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