904/263 Franklin Street
Melbourne, VIC 3000

Overview

Turn-Key Cash Flow: Fully Furnished CBD Apartment Targeted for 8% Yield Opportunity

• Perfectly positioned to target an impressive 8% rental yield opportunity for investors.
• Fully furnished and equipped, ready for immediate occupancy by high-quality tenants.
• Premium ceiling height ensures better natural light, attracting long-term, stable tenants.
• Durable, high-spec finishes including quality appliances and stone surfaces for reduced wear and tear.
• Steps from the Free Tram Zone and three major train stations, maximizing appeal for urban professionals.
• Unbeatable walkability to RMIT, Melbourne University, and major employment hubs.
• Located in the heart of Melbourne's Education and Innovation district, ensuring constant demand.

This high-performing, fully furnished one-bedroom apartment is situated on the ninth floor of the premier Grand 8 complex. It is tailored for astute investors seeking a robust addition to their portfolio. Its proximity to major universities, the legal precinct, and world-class transport offers a perfect combination of high tenant demand and low vacancy risk, with a projected rental yield close to 8%.

The apartment's floorplan is optimized for urban living, featuring a sleek, stone-topped kitchen equipped with integrated oven, dishwasher, and gas cooktop. The versatile living area includes split-system climate control and seamless balcony access, providing flexibility that modern renters desire. The bathroom is finished with floor-to-ceiling tiling and a stone-topped vanity, offering an elevated aesthetic that stands out in the rental market. This high-spec, modern living environment secures reliable, long-term rental income in a high-growth location.

Beyond the apartment's internal quality, the location is a significant driver of long-term capital growth and consistent rental interest. With Queen Victoria Market, Flagstaff Gardens, and Melbourne's central rail network at your doorstep, this address remains highly desirable. Whether targeting international students or corporate professionals, the convenience offered is exceptional. This is an outstanding opportunity to acquire a managed, income-generating asset in one of the world's most livable cities.

Location