310/188-196 Peel Street

Perfectly positioned, this one-bedroom apartment offers exceptional convenience with easy access to Queen Victoria Market, the Royal Children's Hospital, Melbourne Hospital, Melbourne University, and the CBD-all within a short stroll. The building is well-appointed, featuring a recreation/meeting room and a 24-hour laundry, making it an ideal 'walk-to-everything' location. Currently tenanted at $400 per week with a secure lease in place until 14 January 2027, this property presents a strong investment opportunity. The rental return is highly attractive, offering an approximate yield of 9.5%, with potential for even higher returns if utilised for short-term accommodation (STCA). Owners Corporation fees are approximately $1,030 per quarter. Features include: Tram stops 57 & 59 nearby Stainless steel appliances Security intercom Split system heating and cooling Local shops and cafés just around the corner Inspection by appointment.