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Overview
High-Yield CBD Investment in Prime Lifestyle Precinct
Secure a standout opportunity in the heart of Melbourne's thriving Central Business District with this high-performing investment apartment. This property is ideally suited to savvy investors seeking strong rental returns, short-stay potential, and long-term capital growth.
Located within the sought-after City Tempo complex, this low-maintenance residence offers unbeatable convenience just moments from Queen Victoria Market, Melbourne Central, leading universities, Flagstaff Gardens, the free tram zone, and an endless selection of cafes, restaurants, bars, and entertainment venues.
Situated on the 12th floor, the apartment benefits from excellent natural light and a cleverly designed open-plan layout that combines living and bedroom space with a modern kitchen and a sleek central bathroom. This versatile layout allows the property to be leased long-term, utilised as short-stay accommodation, or retained as an executive city retreat, delivering flexibility and strong appeal to tenants year-round.
Residents of City Tempo enjoy access to premium resort-style facilities including:
- Fully equipped gymnasium
- Business lounge
- Golf driving range
- Secure bike storage
- Stunning rooftop BBQ terrace with panoramic city views
The blue-chip location places you within walking distance of major universities, public transport, retail precincts, dining hotspots, nightlife, parklands, and cultural attractions. This ensures consistent demand from students, professionals, and city visitors alike.
This is an exceptional opportunity to secure a high-demand CBD asset with excellent rental appeal in one of Melbourne's most connected locations.
Outgoings include approximately $170 per quarter for council rates, $180 per quarter for water rates, and $833 per quarter for owners corporation fees. The current rental income is approximately $460 per week.
Before purchasing, buyers should be aware of a range of issues that may affect the property and impose restrictions or obligations. A due diligence checklist is available for review to assist with this process.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Melbourne VIC 3000
Market Insights for Melbourne VIC 3000
Other properties in this postcode
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