4008/500 Elizabeth Street, Melbourne

Apartment

Modern City Apartment with a Potential 10.06% Gross Yield
Unit 4008 is a well-designed one-bedroom, one-bathroom apartment combining contemporary finishes with a practical layout in a convenient inner-city location. Its clean, minimalist aesthetic and efficient use of space make it an appealing choice for owner-occupiers seeking low-maintenance city living or investors looking to expand their portfolio.

The open-plan living and dining area connects seamlessly with the kitchen, while large windows welcome natural light and create a bright, inviting atmosphere. Streamlined finishes, quality appliances and practical storage make the kitchen well suited to everyday use.

The comfortably proportioned bedroom offers privacy and a peaceful retreat, complemented by a modern bathroom with sleek fittings. The thoughtful layout delivers comfort and functionality throughout.

Previously rented at $600 per week, the apartment offers a strong rental history, with a current rental appraisal of $600 per week equating to approximately $31,200 annually. Low ongoing outgoings further enhance its investment appeal, with owners corporation fees of approximately $776 per quarter and council rates of approximately $213 per quarter.

Surrounded by cafés, restaurants, shopping and public transport, Unit 4008 places Melbourne's city conveniences within easy reach. Whether purchasing a city home or an investment, this apartment offers an attractive combination of location, practicality and low-maintenance appeal.
Inspection
24 Oct
Saturday, 10:35 am - 10:55 am Add To Calendar

Contact Agents

Similar Properties

For Sale

Delayed Campaign

Melbourne

5807/500 Elizabeth Street

  • 2
  • 2

For Sale

Contact Agent

Melbourne

5906/500 Elizabeth Street

  • 2
  • 2

For Sale

$465,000 - $500,000

Melbourne

3208/8 Sutherland Street

  • 2
  • 2

Inspection

Saturday, 24th Oct 12:50 PM - 01:10 PM