Enjoy modern city living and an established rental return with this well-appointed one-bedroom apartment in a convenient Melbourne CBD location. Combining natural light, practical design and low ongoing outgoings, it presents an appealing opportunity for investors.

The contemporary kitchen features a sleek stone benchtop and connects seamlessly with the living area, where expansive windows create a bright, welcoming atmosphere. Laminate flooring complements the modern interior, while an undercover balcony provides space to relax outdoors. Split-system heating and cooling ensures year-round comfort.

Securely leased until July 2027 at $525 per week, the apartment provides approximately $27,300 in annual rental income. Low outgoings further strengthen its investment appeal, with owners corporation fees of approximately $748 per quarter and council rates of approximately $213 per quarter.

Residents enjoy access to a gym and heated swimming pool, alongside the convenience of an on-site building manager and well-maintained common areas.

Positioned within the free tram zone, the apartment is walking distance from Melbourne Central and Flagstaff stations, Flagstaff Gardens and a wide selection of shops and dining options. Queen Victoria Market and major universities are also within easy reach.

With a lease already in place, low outgoings and a central location, this apartment offers a compelling addition to an investment portfolio.