FOR SALE
$300,000-$330,000

107/22 Orr Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Great things come in twos!

This wonderful apartment located in the popular UniLodge building has 2 bedrooms, 2 bathrooms and 2 balconies, perfect for the investor looking to maximise their income! Offering a staggering potential return of approx 7.5%+ net or 9.5%+ gross yield approx.*!
Offering 2 good sized bedrooms, both with built in robes and private bathrooms; and both opening to a spacious balcony. A modern kitchen, meals and living area leads to another balcony, with views of RMIT, surrounding buildings and beyond. Reverse cycle air conditioning, floorboards in the living areas and with the property recently recarpeted in the bedrooms and painted throughout, you can simply rent out or move in and enjoy!
Positioned a genuine stones throw away from RMIT university and Lygon Street's famous restaurants and bars; and a 5 minute walk to the University of Melbourne, State Library and the CBD, the location could not be better.
Great things really do come in twos so contact us to arrange an inspection today!
Note: Student Accommodation Investment only opportunity, property required to be rented to students.
* Estimate only
Pre-Register for Inspections via our website by going to -
- https://www.growwellproperty.com/pages/real-estate/buy/property/2399608/107-22-orr-street-carlton-vic-3053
- Pre-Register for Inspections and click the 'green button to view and register for upcoming open for inspections.'
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Property Details for 107/22 Orr St, Carlton

107/22 Orr St, Carlton is a 2 bedroom, 2 bathroom Apartment. The place is currently for sale with Direct Property Group Pty Ltd.

Building Type
Apartment

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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of total area. The population of Carlton in 2011 was 13,509 people. By 2016 the population was 18,506 showing a population growth of 37.0% in the area during that time. The predominant age group in Carlton is 20-29 years. Households in Carlton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation. In 2011, 21.6% of the homes in Carlton were owner-occupied compared with 18.6% in 2016.

Carlton has 15,706 properties. Over the last 5 years, Houses in Carlton have seen a 5.40% increase in median value, while Units have seen a -4.41% decrease. As at 30 November 2024:

  • The median value for Houses in Carlton is $1,517,687 while the median value for Units is $364,365.
  • Houses have a median rent of $650 while Units have a median rent of $525.
There are currently 59 properties listed for sale, and 107 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 511 properties were sold in the past 12 months in Carlton.

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Steven Lusi
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