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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

2508/442 Elizabeth Street
Melbourne, VIC 3000

$425,000 - $465,000

1
Bed
1
Bath
1
Cars
Property Type: Apartment
Listed Date: 10th Apr 2026
Overview

High-Yield CBD Investment - Fully Furnished with Up to 9% Return

Welcome to 2508/442 Elizabeth Street, Melbourne, an exceptional investment opportunity in the heart of the CBD offering strong rental returns and a flexible living space. This fully furnished apartment is currently leased, providing immediate income for investors, while also offering future owner-occupiers the option to move in at their convenience.

The apartment features a spacious one-bedroom and one-bathroom layout complemented by a secure car space. The unique design includes a divider installed by the owner, creating an additional room that can function as a second bedroom or a versatile space to suit your needs. This divider also enhances the separation between the kitchen and living areas, reducing cooking odors and improving overall comfort.

The open-plan kitchen and dining area are finished with modern fittings, creating a stylish and functional space for daily living and entertaining. The living area is bright and inviting, with floor-to-ceiling windows that offer stunning city views and fill the space with natural light. The well-sized bedroom includes built-in robes and direct access to the balcony, providing a private retreat within the apartment.

Residents benefit from a secure building with intercom access, ensuring peace of mind and convenience. The apartment is fully furnished, making it ready for immediate rental income or a seamless transition for future occupants.

Positioned in a prime location within Melbourne's CBD, this property is within walking distance to key amenities including Queen Victoria Market, Melbourne Central and QV Shopping Centre, RMIT University, University of Melbourne, and the free tram zone. The surrounding area offers a vibrant lifestyle with cafes, restaurants, and daily conveniences close at hand.

This apartment represents a rare chance to secure a high-yield investment or a comfortable city residence with flexible living options and excellent access to Melbourne's best offerings.

Location
2508/442 Elizabeth Street
Melbourne VIC 3000
Market Insights for Melbourne VIC 3000
New Listings (last 30 days)
7
Average price
$834,271
Lowest price
$400,000
Highest price
$1,910,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.