315/408 La Trobe Street

Melbourne VIC 3000

The bathroom is a masterpiece in itself, featuring a luxurious stone bench top and a full-size shower-over-bath with a sleek screen. And premium Caroma ceramic bathroom fittings elevate the luxury factor. The Samsung Washer-Dryer all-in-one is included, too.

Being low-rise (just 4 levels), the building rewards its residents with quiet enjoyment day and night. And the residents are mostly owner-occupiers like the vendor, or long-term tenants.

Perfectly positioned a mere 50 metres from Flagstaff Train Station and the tranquil Flagstaff Gardens, convenience is at your doorstep-an unbeatable advantage in today's market. And there's Woolworth Metro, Vic Market, and cafes and restaurants at your doorstep. Whether you're seeking a charming urban abode or a savvy investment opportunity, this studio promises versatility and potential.

For the savvy investor, the expected rental is $340-$360 per week, representing an impressive 8.5% return.

With outgoings including council rates at $120, owners corporation levy at $505, and water rates at $50-quarterly (approximately), this offering boasts some of the lowest levies in Melbourne, ensuring exceptional value for money. The owner's corporation and facilities managers keep Empire Apartments looking its best.

Don't miss out on the opportunity to own a piece of Melbourne's history, seamlessly melded with contemporary comfort and convenience. Enquire now to secure your slice of Art Deco paradise.

Private inspections are highly recommended.

The property is currently owner-occupied but offered with vacant possession. Vendor Statement available on-demand.