Features

Microwave
Wall Heater

Impressive rental return of 10% approximately.

Prime Melbourne CBD Location

Currently returning $495 per week, this property delivers an attractive approximate gross rental yield of 10%, making it an exceptional addition to any investment portfolio.

Perfectly positioned in the heart of Melbourne's CBD, this well-appointed apartment combines strong rental demand with unbeatable lifestyle convenience. Offering a functional layout with generous natural light, the residence includes a spacious living and sleeping area, dedicated study space, built-in storage, and a practical kitchen and bathroom designed for low-maintenance living.

Residents enjoy access to premium communal facilities including a laundry, multifunction room, study zone, bike storage, secure entry, and professional reception services-enhancing tenant appeal and long-term occupancy stability.

Key Investment Features:
• Strong approx. 10% gross rental yield
• Current rental income: $495 per week
• High-demand CBD location ensuring consistent tenant interest
• Gas and water included in tenancy (added value for tenants)
• Fully furnished inclusions (fridge/freezer, study desk, storage)
• Excellent natural light with CBD outlook
• Heating and functional, low-maintenance design

Positioned within walking distance to Melbourne's major lifestyle and employment hubs, including Federation Square, Flinders Street Station, Southbank Promenade, Arts Precinct, and leading dining and entertainment venues, this property offers exceptional tenant appeal and strong long-term capital growth potential.

A rare opportunity to secure a high-yield, centrally located asset in one of Australia's most resilient rental markets.

*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.

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Inspections

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School catchments

University High School-Londsdale Street Campus Secondary Government 0.71km
Eltham College - Lonsdale Street Campus Combined Independent 0.75km
Stott's Colleges Secondary Independent 0.76km
Ozford College - Ozford College Campus Secondary Independent 0.79km
Ozford College Secondary 10-12 Independent 0.79km
Holmes Grammar School Secondary Independent 0.95km
Victorian College Of The Arts Secondary School Secondary 7-12 Government 1.2km
Haileybury College - City Boys Combined Independent 1.4km
Haileybury College - City Girls Combined Independent 1.4km
Academy of Mary Immaculate Secondary 7-12 Catholic 1.7km
South Melbourne Primary School Primary Prep-6 Government 1.7km
Carlton Gardens Primary School Primary Prep-6 Government 1.7km
Simonds Catholic College Secondary 7-12 Catholic 1.8km
Mount Alexander 7-12 College-River Nile Campus Secondary Government 1.8km
Melbourne Grammar School - Wadhurst Campus Combined Independent 1.9km
Melbourne Grammar School Combined Prep-12 Independent 2.0km
Sacred Heart School Primary Prep-6 Catholic 2.0km
MacRobertson Girls High School Secondary 9-12 Government 2.1km
Docklands Primary School Primary Prep-6 Government 2.2km
Melbourne Girls Grammar - Morris Hall Campus Combined Independent 2.3km
Galilee Regional Catholic Primary School Primary Prep-6 Catholic 2.3km
Collingwood College-Collingwood Alternative School Combined Government 2.4km
Carlton Primary School Primary Prep-6 Government 2.4km
Fitzroy Primary School Primary Prep-6 Government 2.4km
Docklands Primary School-Bundha Campus Primary Government 2.5km

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.

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