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2508/442 Elizabeth Street,
Melbourne 3000, Victoria

1 bedroom
1 bathroom
1 car space
Apartment

$420,000

Property Price Statement

Property details

High-Yield CBD Investment - Fully Furnished with Up to 9% Return

• Spacious 1-bedroom, 1-bathroom apartment with secure car space
• Estimated rental return of $740 per week
• Fully furnished and ready for immediate rental income or future move-in
• Unique and flexible layout with custom divider creating the potential for a second bedroom, study or home office
• Enhanced separation between kitchen and living areas for improved privacy and comfort
• Open-plan living and dining area with modern finishes
• Floor-to-ceiling windows providing excellent natural light
• Well-sized bedroom with built-in robes and balcony access
• Access to premium Lighthouse facilities including a 25-metre indoor lap pool, sauna, steam room, fully equipped gymnasium, entertaining kitchen and bar area, and complimentary bicycle storage
• Secure building with intercom access

Welcome to 2508/442 Elizabeth Street, Melbourne - a rare opportunity to secure a versatile and high-performing apartment in one of Melbourne CBD's most sought-after residential towers.

Perfectly positioned within the iconic Lighthouse Melbourne development, this fully furnished residence offers the ideal combination of lifestyle, flexibility and investment appeal. Whether you're an investor seeking strong rental returns or a future owner-occupier looking to enjoy the convenience of city living, this apartment presents exceptional value.

Designed with practicality in mind, the apartment features a unique and flexible layout, enhanced by a custom divider that creates the potential for a second bedroom, home office or study area. The divider also provides greater separation between the kitchen and living zones, helping to minimise cooking odours and improve overall comfort.

Floor-to-ceiling windows allow an abundance of natural light to flow throughout the apartment, while the open-plan living and dining area creates a welcoming space to relax or entertain. The generously sized bedroom features built-in robes and direct balcony access, while the modern kitchen is equipped with quality finishes and ample storage.

Currently leased and fully furnished, the property offers immediate income with an estimated rental return of $740 per week, making it an attractive option for investors looking for strong cash flow in a prime CBD location.

Enjoy unparalleled convenience with Melbourne's best amenities right at your doorstep:
• Queen Victoria Market
• Melbourne Central & QV Shopping Centre
• RMIT University
• University of Melbourne
• State Library Victoria
• Free Tram Zone
• Cafés, restaurants and everyday amenities

Combining strong rental returns, a flexible floorplan, secure car parking and an unbeatable location, this is an outstanding opportunity to secure a quality apartment in the heart of Melbourne CBD.

For more information or to arrange an inspection, please contact Jolene Tan on 0466 366 041 today.

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.

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Explore the area


School catchments

  • Eltham College - Lonsdale Street Campus Combined Independent 0.47km
  • Haileybury College - City Boys Combined Independent 0.74km
  • Haileybury College - City Girls Combined Independent 0.74km
  • Carlton Gardens Primary School Primary Prep-6 Government 1.0km
  • North Melbourne Primary School Primary Prep-6 Government 1.4km

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

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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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