109/48 Wellington Parade
East Melbourne

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Property Features

Property ID: 3154611

Building Size
21 m2

Guaranteed Performer: Perfect inner city investment to set & forget

This fully self-contained studio apartment presents as a great investment opportunity.

Located in the tightly held leafy suburb of East Melbourne ideally positioned between MCG/Rod Laver arena's, Melb CBD, Yarra River, Fitzroy Gardens, Crown Casino & Bridge Rd's cosmopolitan retail strip.

Complimented by long term leasing arrangements with Quest East Melbourne returning a massive yield circa 7% ($15,345pa) with some outgoings paid by the tenant. This outstanding performing investment would be a welcome addition to those astute investors looking to capitalise long term.

With sweeping views across Melbourne's city skyline & direct views to MCG this very well maintained north facing apartment offers quality fixtures & fittings throughout, large well equipped bathroom, air-con & heating throughout, private balcony together with onsite reception/concierge facilities & rooftop garden terrace with entertainment furniture and sunbeds.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers/lessees are advised to carry out their own investigations.

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