Rarely does an inner-city investment opportunity deliver this level of return in such a prestigious address. Positioned high within the iconic 888 Collins Street precinct, this contemporary two-bedroom apartment is currently tenanted with a 12-month lease renewal in place - offering investors an immediate, hassle-free income stream with an exceptional gross return of over 7.7%.
The numbers speak for themselves, but the asset quality is equally compelling. The open-plan living and dining zone extends to a generous balcony with expansive city views, while the sleek kitchen is appointed with premium Miele appliances. Both bedrooms feature built-in robes, with the main bedroom enjoying direct balcony access. A dedicated study area, stylish central bathroom, concealed European-style laundry, and split-system heating and cooling round out a well-appointed, low-maintenance package that tenants love - and landlords benefit from.
Adding further appeal, residents enjoy exclusive access to resort-style amenities including a fully equipped gym, indoor swimming pool, spa, library, business lounge, and a landscaped sky garden with BBQ facilities - features that drive consistently strong tenant demand and underpin the property's rental premium.
Superbly located just moments from the CBD, Docklands waterfront, and the free tram zone, with cafés, restaurants, and retail all at the doorstep, this is the type of set-and-forget investment that is increasingly difficult to find in Melbourne's inner-city market.
Key Investment Highlights:
Over 7.7% gross return
12-month lease renewal in place - income from day one
Two bedrooms with built-in robes + dedicated study
Premium Miele kitchen, modern bathroom, European laundry
Split-system heating and cooling
Secure car space included
Resort-style amenities: gym, indoor pool, spa, library, business lounge & sky garden BBQ
Prime Docklands location - moments to CBD and free tram zone
A high-performing asset in a blue-chip location. Enquire today.
