313/146 Bell Street
Coburg, VIC 3058

Positioned within a well-maintained modern complex, this stylish one-bedroom apartment offers an exceptional opportunity for first home buyers and investors seeking strong returns and long-term growth in a proven inner north location.

The property is currently leased on a month-to-month basis at $2,086 per calendar month, providing immediate income with flexibility. This arrangement delivers an attractive gross rental yield of approximately 6.7% based on a $370,000 purchase price.

Internally, the apartment is designed for low maintenance and practical living. It features a well-appointed kitchen equipped with quality appliances, an open plan living and dining zone, and seamless access to a private balcony with elevated outlooks. The bedroom is generously proportioned and fitted with mirrored built-in robes, complemented by a sleek and modern bathroom.

This property is ideal for investors seeking a set-and-forget asset with strong rental demand, or for first home buyers looking to secure an affordable entry point with the option to occupy in the future.

Strategically located within immediate proximity to Coburg Train Station, the number 19 tram, and the vibrant Sydney Road precinct, the apartment is surrounded by cafes, restaurants, retail outlets, and essential amenities. With direct connectivity to the CBD and ongoing area growth, the location continues to support both rental performance and capital appreciation.

Key features include:

• One spacious bedroom with built-in robes
• Open plan living and dining area
• Modern kitchen featuring integrated dishwasher and fridge-freezer
• Private balcony with elevated views
• Contemporary bathroom
• Secure car park and private storage unit
• Currently tenanted on a month-to-month basis
• Approximate rental return of $2,086 per month

This is a compelling opportunity to secure a high-performing asset or enter the market in a location that continues to thrive.