The Phone Code for this property is: 61088. Please quote this number when phoning or texting.

This modern 1-bedroom apartment on the 10th floor offering an exceptional investment opportunity in the heart of Melbourne. With a successful track record on Airbnb and unbeatable location, it's ideal for investors looking to capitalise on Melbourne's short-term rental market.

Investor Highlights:
• Airbnb Success: Consistent Airbnb performance with an average monthly income of $2,750, and a maximum of $3,754 over the past seven months. Currently a managed Airbnb, the contract is not locked in, allowing the purchaser the flexibility to manage their own Airbnb listing, continue with the current manager, or explore other options.
• Flexible Options: Whether you choose to continue running it as an Airbnb, manage it yourself, rent it out long-term, or live in it yourself, the possibilities are endless.
• North-Facing Balcony: Enjoy uninterrupted north-facing views from a large private balcony.
• Recent Upgrades: The apartment has been meticulously maintained with recent upgrades including new LED lighting, upgraded power circuits throughout the kitchen (including to the HOB), and new appliances.
• Turnkey Investment: Furniture is included, making this a turnkey solution for investors. However, if the purchaser prefers, the furniture can be removed.

Key Features:
• Spacious Layout: The cozy bedroom comes with a double bed and TV, and the living room features a sofa bed for additional guests.
• Full Kitchen: The modern kitchen is equipped with a new oven, rangehood, fridge, and microwave-perfect for any cooking needs.
• Luxurious Bathroom: A sleek and spacious European bathroom.
• Secure Building: The building features 2 lifts with key fob access, allowing you to access only your floor, the basement, and the ground floor for added security.
• Convenient Amenities: The basement includes a coin-operated laundry and managed garbage collection, including hard waste.
• Connected Living: NBN FTTN access for seamless connectivity, with Smart TVs in both the living room and bedroom.
• Pet-Friendly: Appealing to a wide range of tenants or owner-occupiers with pets.
• Lifts: The building features 2 lifts with key fob access

Prime Location:
• Central Access: Just steps from Chinatown, a block from Melbourne Central and Parliament Station.
• Convenient Shopping: Diagonally across the road from QV, which includes Woolworths, Big W, and Officeworks.
• Dining & Culture: Close to an array of dining options on Russell and Swanston Streets, and moments away from Melbourne's theatres.

Area:
~33m2 Total Area*
~28m2 Indoor Area*
*Rough measurements only.

Financials:
• Body Corporate: $3,220.92 per year
• Rates: $672.86 per year
• Water Rates: $716.63 per year
• Land Tax: $433.33 - 2024

Inclusions: Furniture will stay unless the purchaser requests its removal.

Terms: 10% deposit, balance 30/60/90 days negotiable.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.