1816/39 Lonsdale Street
Melbourne, VIC 3000

This exceptional apartment located at the prestigious Paris end of Melbourne offers an outstanding investment opportunity with a potential rental return of $520 per week, equating to $27,114 annually and a net return of 7.9%. The property is situated within a well-maintained Lonsdale Street complex, ideal for both seasoned investors and first-time buyers seeking a comfortable, modern, and low-maintenance residence in the heart of the city.

The apartment is fully furnished and ready to generate attractive rental income, while also being suitable for owner-occupiers desiring a convenient city lifestyle. The building boasts a range of amenities including a common recreation room, games room, communal laundry facilities, a building manager, and an IGA supermarket located on the ground floor, enhancing the convenience and lifestyle for residents.

The interior features an easy-to-maintain central living and meals area, complemented by a kitchen equipped with stainless steel cooktop, microwave, and fridge. Both bedrooms are inviting and include built-in robes, providing ample storage space. The bathroom is modern and well-appointed, and the apartment benefits from ducted heating and cooling for year-round comfort. Secure intercom entry adds an extra layer of safety and peace of mind.

Location is a key highlight, with close proximity to the beautiful Fitzroy Gardens and Carlton Gardens, as well as renowned educational institutions such as RMIT University and the University of Melbourne. Residents will enjoy easy access to a vibrant selection of city restaurants and bars, and can conveniently walk to QV shopping centre, State Library, and Melbourne Central, all serviced by nearby train stations. Free tram access around the city and close proximity to Parliament Station further enhance connectivity.

• Potential rental return of $520 per week ($27,114 per annum)
• Net return of 7.9%
• Owners Corporation fees of $4,495 per annum
• Water rates of $737 per annum
• Council rates of $720 per annum
• Fully furnished apartment ready for immediate rental or occupation
• Central living and meals area designed for easy maintenance
• Kitchen with stainless steel cooktop, microwave, and fridge
• Two bedrooms with built-in robes
• Modern bathroom with quality fittings
• Ducted heating and cooling system
• Secure intercom entry
• Access to building amenities including recreation and games rooms, communal laundry, and onsite building manager
• IGA supermarket on the ground floor for convenience
• Close to Fitzroy and Carlton Gardens
• Near RMIT University and University of Melbourne
• Walking distance to QV shopping, State Library, and Melbourne Central
• Free tram access around the city
• Close to Parliament Station

This apartment represents a rare opportunity to secure a well-located, fully equipped city residence with excellent rental prospects and lifestyle benefits. Whether as an investment or a home, it offers a blend of comfort, convenience, and potential returns in one of Melbourne's most sought-after precincts.