Delivering exceptional returns in one of Melbourne's most sought-after locations, this studio apartment at 238 Flinders Street is the ideal set-and-forget investment. NOT JUST FOR STUDENTS and With a potential rental income of $400 per week, incredibly low outgoings of under $5,000 per annum, and a functional approx. 29sqm layout, this property stands out as one of the strongest yield performers in the CBD. Freshly updated with brand-new floorboards throughout, the apartment offers a clean, modern feel and a practical open-plan design. The kitchenette includes two stove cooktop-microwave, fridge, and ample storage-perfect for everyday living. The living/bedroom zone is well configured, offering space for a bed, dining setup, sofa, and built-in study desk, making the most of the generous studio footprint. A bright bathroom with bath/shower combo completes the internal picture, providing both comfort and convenience. Residents enjoy access to superb building amenities, including a recreation room and coin-operated laundry, ensuring ongoing tenant appeal. Perfectly placed in the heart of the city, everything is at your doorstep-cafes, restaurants, transport, shopping, and universities. Just a 1-minute walk to the supermarket, 500m to Victoria University, and quick tram access to RMIT and Melbourne University, making this location highly sought after by students and city professionals alike. Whether you're a seasoned investor or entering the market for the first time, this high-yielding, low-maintenance studio offers unbeatable value in a blue-chip CBD position. Act fast-opportunities like this don't last.
