Refurbished Inner-City Investment with Approx. 13.35% Gross Yield
Offering outstanding versatility in a prime North Melbourne location, this recently refurbished apartment presents an excellent opportunity for investors, students, professionals or owner-occupiers seeking a convenient inner-city base.
Currently vacant and ready to occupy or lease, the apartment has recently undergone refurbishment, including brand new hybrid flooring and a fresh coat of paint, creating a clean and modern interior.
The well-integrated living and dining area connects to a functional kitchen featuring stainless steel appliances. The interior is complemented by a practical layout designed to maximise space.
With an estimated rental return of $385 per week ($1,668 per calendar month), the property offers an impressive approximate gross rental yield of 13.35%, making it an attractive proposition for investors seeking strong rental potential.
The property’s versatility is a major attraction. Whether you are looking for an investment opportunity, accommodation, a convenient home for a professional working in the nearby hospital precinct or CBD, or simply a compact city base, this apartment offers plenty of possibilities.
Location is where this property really stands out. Positioned at 608/6 High street, North Melbourne, it is within easy reach of: Royal Melbourne Hospital, Royal Women’s Hospital and the Parkville medical precinct. University of Melbourne and RMIT University. Queen Victoria Market and Melbourne’s CBD shopping and dining precinct. Melbourne Central, Docklands and the city’s major attractions. Tram services and public transport connecting directly to the CBD and surrounding suburbs.
With education, employment, shopping, dining and transport all close by, this is an affordable opportunity to secure a low-maintenance property in a consistently popular inner-city location.
Whether you are investing, studying, working nearby or looking for a convenient city base, this is an opportunity worth inspecting.
If your interested, please contact our office on 03 9328 2002 for further informaiotn or to arrange for an inspection.
