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815/238 Flinders Street,
Melbourne 3000, Victoria

1 bedroom
1 bathroom
Apartment

$210,000


Property details

Make the most of 10% (approx.) rental return with this city star!

-In the 'Student Living on Flinders' complex on Flinders Street!
-This studio apartment is ideal for first time or seasoned investors.
-Enjoy $400 per week rental return with a healthy yield of 10% (approx.)
-Love the light-filled interiors and very functional design.
-Building has a cinema room, bike storage, and reception area.
-Love being so close to the best city restaurants, cafes, and bars!
-Steps to the iconic Federation Square and Flinders Street Station.
-Also near arts attractions, Royal Botanic Gardens, and free trams.

best of the city literally metres from your door, and offering first time or seasoned investors the opportunity to grab a piece of Melbourne's CBD, this modern studio apartment sets the bar high.

This really is the perfect investment, with the property offering appealing rental yields where you can pocket $400 rental return per week with a healthy yield of 10% (approx.). Living features of this charming and bright apartment include an expansive living and sleeping quarters with excellent natural light plus study desk and built-in storage options, easy and functional kitchen, quality bathroom, and access to communal laundry facilities, cinema room, bike storage, front security and reception area, and more!

Step out the door and experience the best of the city, from restaurants, cafes, and bars, to theatre and entertainment. You're also very close to Federation Square with eateries and events, the iconic Flinders Street Station taking you across Melbourne, St. Paul's Cathedral, Birrarung Marr, Alexandra Gardens, Royal Botanic Gardens, Flinders Lane restaurants, Southbank Promenade, Arts Centre and Hamer Hall, and free trams.

*Every precaution has been taken to verify the accuracy of the above details. However, prospective purchasers are advised to make their own enquiries.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Eltham College - Lonsdale Street Campus Combined Independent 0.75km
  • Haileybury College - City Boys Combined Independent 1.4km
  • Haileybury College - City Girls Combined Independent 1.4km
  • South Melbourne Primary School Primary Prep-6 Government 1.7km
  • Carlton Gardens Primary School Primary Prep-6 Government 1.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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