Sold
$420,000 - $440,000. Solid 8% p.a. rental return
Positioned in the renowned Lacrosse Building, directly opposite Southern Cross Station, this well-designed two-bedroom apartment offers a rare chance to secure a high-performing investment with exceptional growth potential. Currently achieving a strong 8% gross annual rental yield, it combines consistent tenant demand, low vacancy rates, and minimal outgoings, making it a smart addition to any portfolio. Key Investment Highlights: · Leased at $2,955 per month · Excellent rental return with low ongoing costs (approx. $6,680 per annum) · Spacious 2 Bed 2 Bath Apartment (Approx. 69 sqm internal size plus 8 sqm balcony) · Suburb with consistently high demand for 2-bedroom apartments · Unbeatable connectivity with tram and train at your doorstep · Neighbouring Marvel Stadium and Docklands’ lively café, dining & retail scene · Easy access to the CBD and surrounding inner-west lifestyle hubs · Elevated position with stunning city skyline views Apartment Features: · Light-filled open-plan living and dining zones · Designer kitchen with stone benchtops, Euro appliances, gas cooking & integrated dishwasher · Generous bedroom with built-in robes and double-glazed windows for comfort · Sleek bathroom with rain shower & European laundry · Covered balcony for year-round enjoyment · Split-system heating & cooling, secure intercom entry · Resident access to resort-style facilities including heated pool and gym Whether you’re an experienced investor or seeking a strong performing first purchase, this set and forget investment presents the perfect balance of income security and capital growth potential in one of Melbourne’s most connected locations.
Balcony
Broadband
Built In Robes
Gym
Intercom
Pool - Above Ground
Split System Heating