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Apartment for Sale in Southbank
Investment Only - Approx 10% Gross Yield | 1 Bedroom | 51m²
- 1 Bed
- 1 Bath
- Low-maintenance apartment within Mantra Southbank
- Estimated rental return of $500 per week (approx. 9-10% rental yield p.a.)
- Open-plan living and dining area
- Smart stone kitchen with stainless steel appliances
- Generously sized bedroom with built-in wardrobes
- Bright bathroom with Euro laundry
- Ducted heating/cooling and secure intercom entry
- Access to residents' pool, gym & sauna
Located in one of Melbourne's most vibrant inner-city precincts, this one-bedroom apartment at 814/31 City Road offers an exceptional opportunity for investors seeking a high-demand property with an impressive 9-10% rental yield p.a.
Just moments from Crown Entertainment Complex, the Arts Precinct, Flinders Street Station, the CBD, and the Royal Botanic Gardens, this address delivers outstanding convenience and a dynamic urban lifestyle.
Inside Mantra Southbank, the apartment features an open-plan living/dining area, a stone-topped kitchen with stainless steel appliances, reverse-cycle heating/cooling, and secure building access. The building also offers access to an onsite pool, gym, and sauna, enhancing overall appeal.
With unbeatable proximity to universities, major business districts, and Melbourne's most iconic attractions, this property presents strong investment appeal, consistent returns, and enduring demand.
Get in touch today to arrange a private inspection. Opportunities at this yield don't come often!
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Request contractAsk a questionPrice guide statement of informationTalk to a mortgage brokerAll information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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