FOR SALE
For Sale $269,500

6/25 Hotham Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Ground Floor Investment with a Secure Lease - 6.9%* Return

Boasting a prime location in the heart of prestigious East Melbourne, this modern ground floor studio offers a unique blend of convenient inner-city living and fantastic investment potential. Currently leased at $1,560 per month until April 2026, it presents great rental returns for savvy investors.
The apartment features a functional modern kitchen, an open living area with a built-in wardrobe, and a well-appointed bathroom. Located in a secure building with intercom access, residents enjoy peace of mind and security.
A beautiful stroll through parklands, including Fitzroy Gardens, brings you to the heart of the city in just a few minutes. Additionally, Bridge Road's cosmopolitan retail strip, excellent bars, restaurants, and the MCG are also within walking distance. This central location is conveniently close to all transport options, including West Richmond Station, Jolimont Station, trams, and buses.
* Rental return is based on the advertised price.
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Property Details for 6/25 Hotham St, East Melbourne

6/25 Hotham St, East Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White CRE.

Building Type
Apartment

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About East Melbourne 3002

The size of East Melbourne is approximately 1.9 square kilometres. It has 10 parks covering nearly 46% of total area. The population of East Melbourne in 2011 was 4,714 people. By 2016 the population was 4,987 showing a population growth of 5.8% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation. In 2011, 42.8% of the homes in East Melbourne were owner-occupied compared with 43.6% in 2016.

East Melbourne has 5,705 properties. Over the last 5 years, Houses in East Melbourne have seen a -3.97% decrease in median value, while Units have seen a -14.90% decrease. As at 31 October 2024:

  • The median value for Houses in East Melbourne is $3,332,170 while the median value for Units is $724,506.
  • Houses have a median rent of $1,100 while Units have a median rent of $620.
There are currently 39 properties listed for sale, and 22 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in East melbourne.

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