FOR SALE
$320,000 - $330,000

4907/568 Collins Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 2
Car spaces: -
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Incredible Investment Opportunity!

*Property comes fully furnished with a secured 12 month lease for the perfect investment*
8.1% Rental Yield! $500 per week with secure tenant and low outgoings!
Situated on the 49th floor, this modern and well-designed apartment offers fantastic skyscraper views of the city and welcomed by an open floor plan in the highly regarded Collins Tower.
Open plan living and dining area with floor to ceiling windows that frame the city vistas perfectly. Contemporary kitchen featuring quality stainless steel appliances of a full sized dishwasher and gas stove top.
A separate laundry and powder room is a bonus feature, queen-sized bedroom offers great space and versatility. This apartment also features includes: balcony, reverse cycle heating and cooling, built in robes and security intercom.
Residents can enjoy Collins Tower incredible style facilities on the 33rd floor befitting its iconic address: heated pool, spa, sauna, entertainment space, fully equipped gymnasium and business centre.
The sought-after location offers the luxury of inner city convenience with Southern Cross Station and free trams at your door. It's moments away from everything Melbourne is famous for: world class shopping, restaurants, cafes, lane ways, Chinatown, Crown Casino Entertainment complex, Docklands, Southbank and Queen Victoria Market.
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Property Details for 4907/568 Collins St, Melbourne

4907/568 Collins St, Melbourne is a 1 bedroom, 2 bathroom Apartment. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,847 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 341 properties listed for sale, and 299 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2120 properties were sold in the past 12 months in Melbourne.

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Kerrera Pidcock
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Ray White Southbank | Port Phillip
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