608/243 Franklin Street
Melbourne, VIC 3000

Overview

Invest or Nest: Sleek City Style with a Massive 8.5% Return!

• A rare, golden return for the savvy investor with exceptional approximately 8.5% rental yield.
• Open-plan living with bright and airy spaces flowing to a generous sheltered balcony.
• Floorboards throughout, offering a sleek, low-maintenance lifestyle.
• Contemporary stone kitchen equipped with gas cooking and high-quality appliances.
• Double-glazed windows and split-system climate control for comfort and energy efficiency.
• Access to a landscaped courtyard, BBQ area, and secure bike storage facilities.
• Unrivalled CBD location, just steps from RMIT, Melbourne University, Queen Victoria Market, Flagstaff Gardens, and free city trams.
• Move in or lease out immediately with zero fuss, making it an ideal investment or first home.

This apartment presents an exceptional entry point into the Melbourne property market, perfectly suited for both savvy investors and ambitious first-home buyers. It offers a remarkably rare and lucrative rental yield of approximately 8.5%, making it a turn-key, low-maintenance asset. Whether seeking a reliable long-term tenancy for a golden return or an effortless, ready-to-enjoy city base, this residence promises immediate appeal and outstanding financial rewards.

Inside, the apartment features a beautifully refreshed interior with highlighted floorboards flowing seamlessly throughout, providing a stylish and practical upgrade. The open-plan living and dining area is bathed in soft natural light, extending to a versatile sheltered balcony that enhances the living space.

The contemporary kitchen is well-appointed with sleek stone benchtops, quality appliances, ample storage, and gas cooking, combining functionality with attractive design. Beyond aesthetics, the home is engineered for everyday comfort and peace of mind, featuring double-glazed windows that create a quiet sanctuary above the bustling city, complemented by split-system heating and cooling, modern recessed lighting, and a convenient Euro laundry.

Residents benefit from excellent building facilities designed to enhance the inner-city lifestyle, including secure bike storage, a welcoming communal BBQ area, and a lush landscaped courtyard. Positioned perfectly within Melbourne's dynamic CBD grid, the location offers unparalleled walkability and convenience. The city's best lifestyle destinations are moments away, including the iconic Queen Victoria Market, RMIT, the University of Melbourne, and Flagstaff Gardens. With the free tram zone, Melbourne Central, and an endless selection of world-class cafés, restaurants, and bars at your fingertips, this property represents a highly convenient and versatile real estate opportunity not to be missed.

Location