1/48 Wellington Parade, East Melbourne VIC 3002

$220,000

1 beds

1 baths

Exciting Inner City Investment!

Calling all investors – this high-end bedsit apartment in Quest East Melbourne is a lucrative rental opportunity between iconic Richmond and the bustling CBD.

Leased by Quest Apartments for investment only, this is a fantastic addition to any portfolio with a steady stream of returns from professionals, tourists and those attending major sporting events at the MCG and surrounding venues.

Split system heating and cooling serves this clean contemporary layout with quality carpet to the main living/bedroom area. The sleek kitchenette boasts ample storage, a mirrored splashback and stone benchtop, while the stylish fully-tiled bathroom offers a toilet, large shower and floating mirrored vanity.

Provided by the complex is secure entry via the lobby, a communal laundry and a huge common rooftop terrace where guests can relax, dine or entertain with panoramic views over the MCG and stunning city skyline.

Enjoy Bridge Road shopping, Victoria Street dining and lively Swan Street nightlife, with just moments to Jolimont Station and mere footsteps to trams for effortless public transport. Walk to beautiful Fitzroy Gardens or the MCG, Rod Laver Arena, AAMI Park and Olympic Park along the picturesque Yarra.

Don’t miss this outstanding opportunity – call James on 0490 049 640 to register your interest now!

Income/Outgoings
- Rental Returns Of $15,067.89 Per Annum
- Owners Corp Fees Of $2080.31 Per Annum
- Water Rates Of $985.96 Per Annum
- Council Rates Of $862.65 Per Annum

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1
• Toilets: 1
• Building Area: 32 m² (approx)

Features

• Courtyard
• Split System Air Con
• Split System Heating

• Other features: Rooftop court yard.