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Overview
This bright and generously proportioned one-bedroom, one-bathroom apartment presents a smart and versatile opportunity for first home buyers, downsizers, and investors. The property is currently rented at $530 per week, providing immediate income for investors while offering a low-maintenance, lock-up-and-leave lifestyle ideal for those seeking simplicity and convenience.
The apartment features an open-plan living and dining area filled with abundant natural light, which opens directly onto a private balcony delivering pleasing city views. The modern kitchen is equipped with quality finishes and stainless-steel appliances, enhancing the contemporary living experience. The spacious bedroom comfortably accommodates a queen-sized bed with additional room for extra storage or a small study area. The bathroom is contemporary in design, incorporating an integrated laundry, while reverse cycle air conditioning ensures comfort throughout the seasons.
Residents benefit from secure intercom entry within a well-managed building, contributing to peace of mind and safety. The location is outstanding, situated just a short walk to Southern Cross Station, Flinders Street Station, the free tram zone, Yarra River promenade, Crown Entertainment Complex, and the vibrant Southbank dining precinct. This prime central position means all daily needs are within easy reach, eliminating the necessity for a car.
For first home buyers, this apartment provides an affordable entry point into Melbourne CBD living with modern finishes and excellent transport links. Downsizers will appreciate the low-maintenance design, central convenience, and effortless lifestyle without the burden of upkeep. Investors will find the strong rental demand in this proven precinct attractive, coupled with consistent income and potential for long-term capital growth in one of Melbourne’s most resilient real estate markets.
Key features include:
- One bedroom and one bathroom
- Private balcony with city views
- Open-plan living with abundant natural light
- Modern kitchen fitted with stainless steel appliances
- Spacious bedroom with a mirrored built-in wardrobe
- Contemporary bathroom with integrated laundry facilities
- Reverse cycle air conditioning for year-round comfort
- Currently tenanted at $530 per week
- Prime CBD location near Southern Cross Station and free tram zone
This well-presented apartment combines lifestyle, convenience, and strong investment returns, making it an ideal option whether you choose to live in it or add it to your property portfolio.
Local Market Insights
In Melbourne, Quiet Listings observed 164 new apartments entering the market over the last 30 days, up from 124 during the previous 30-day period, with an average advertised asking price of $612,756. The property type mix of listed properties is predominantly Apartments at 93%, followed by commercial properties (4%), and land (2%). Melcorp Real Estate was the most active agency monitored, representing 27.1% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| For Sale $330,000 - $350,000 | |
| $330,000 - $350,000 |
Location
Melbourne VIC 3000
Market Insights for Melbourne VIC 3000
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
