105/33 Clarke Street
Southbank, VIC 3006

Currently leased at $440 per week, equating to an annual income of $22,944, this property offers a net return of 6.4% based on a price of $280,000. Located in the vibrant heart of Southbank, 105/33 Clarke Street is an exceptional investment opportunity for those seeking strong rental returns and potential for long-term capital growth.

This well-designed apartment features a smart, low-maintenance layout that maximizes tenant appeal. The open-plan living and dining area provides a comfortable and functional space, complemented by a modern kitchen equipped with quality finishes. A private balcony extends the living space, ideal for relaxation or entertaining.

The bedroom is generously sized and includes built-in storage, while the sleek central bathroom and European laundry add to the convenience and practicality of the residence. This apartment is perfectly suited to young professionals and city-based renters looking for a convenient lifestyle.

Situated just moments from the Crown Entertainment Complex, the Yarra River, public transport options, and Melbourne's Central Business District, this address consistently attracts high rental demand. The building is favored by tenants for its convenience, security, and lifestyle accessibility, contributing to low vacancy rates and stable income streams.

Investment Highlights:

• Proven rental demand in a high-growth inner-city location
• Attractive rental yield with consistent occupancy potential
• Low-maintenance asset ideal for portfolio expansion
• Walk-to-everything location appealing to professionals and students
• Strong long-term capital growth prospects in the tightly held Southbank precinct

This property represents an excellent opportunity to strengthen an investment portfolio with a reliable performer or to secure a foothold in one of Melbourne's most sought-after rental markets. Its prime location, solid rental returns, and low-maintenance design make it a compelling choice for investors.