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1206/57-61 City Road,
Southbank 3006, Victoria

1 bedroom
1 bathroom
Apartment

$302,000


Property details

Prime Inner-City Investment with 9% Rental Yield

Property Highlights:
• Contemporary 1 bedroom, 1 bathroom apartment
• Freshly painted walls and new carpet in the hallway and bedroom
• Stylish floorboards in the open-plan living and dining area
• Sleek stone kitchen with integrated dishwasher, gas cooktop, oven & concealed fridge space
• Plush bedroom with mirrored built-in robe
• Modern bathroom with shower, vanity, toilet & laundry facilities
• Private balcony with panoramic city views
• Split system heating & cooling for year-round comfort

An exceptional opportunity for investors seeking a high-demand property with an impressive 9% rental yield per annum. The apartment is currently vacant and ready for immediate leasing or owner occupation, offering both strong returns and flexibility in one of Melbourne's most vibrant precincts.

Perfectly positioned in the heart of Southbank, this stylish apartment delivers an exceptional inner-city lifestyle surrounded by premier shopping, dining, and entertainment destinations. Enjoy easy access to Crown Entertainment Complex, South Wharf, the Arts Centre, Federation Square, and Flinders Street Station, with public transport and the CBD just moments away.

Designed for modern comfort and convenience, this apartment is ideal for first-home buyers or savvy investors seeking strong rental demand and long-term growth potential.

Contact Jolene Tan 0466 366 041 today to arrange for inspection or for more information.

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 1.2km
  • South Melbourne Primary School Primary Prep-6 Government 1.3km
  • Melbourne Grammar School - Wadhurst Campus Combined Independent 1.4km
  • Melbourne Grammar School Combined Prep-12 Independent 1.5km
  • Haileybury College - City Boys Combined Independent 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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