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.
