Iconic Urban Oasis with High Rental Yield

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It doesn't get any more Melbourne than this edgy yet sophisticated development. Set amongst the city's vibrant street art and famed laneways, this former warehouse (c1915) was given a new lease on life, complete with sleek architectural lines highlighting its historic bronzed sculptures and an array of enviable residential amenities.

Inspired in its contemporary design, the first floor apartment includes an open-plan living and dining area leading to a north-facing balcony, European kitchen with mirrored splashback, generous bedroom with BIRs, bathroom with laundry facilities and reverse-cycle heating and cooling.

Residents' can bask in the rooftop terrace and BBQ area showcasing panoramic views of the city, as well as enjoy the private gym, residents' lounge, and verdant internal courtyard with water feature. Or step outside and immerse themselves in fine city living with endless eateries, entertainment, parkland, and transport options.

An ideal investment opportunity returning approx. $1651 per month and low outgoings, or perfect city base to enjoy all that Melbourne has to offer!

MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $336,000
INDICATIVE SELLING PRICE: $300,000-$350,000

COMPARABLE SALE 1: 704/8 Exploration Lane, Melbourne. SOLD $295,000- 08/03/2017- 1 Bed, 1 Bath, 1 Car.
COMPARABLE SALE 2: 101/100 Exhibition Street, Melbourne. SOLD $340,000- 24/05/2017- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 3: 104/108 Flinders Street, Melbourne. SOLD $345,000- 05/06/2017- 1 Bed, 1 Bath, 0 Car.

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Contact Detail

Rhiannon East

Rhiannon East

P: 03 9697 8888

E: rhiannon.east@micm.com.au

M: 0400 341 429

Email Agent

RE: Property ID: 3773872

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102/108 Flinders Street

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