507/17 Singers Lane

Property Description

Spectacular Studio Apartment in Prime Location – Potential 8% Returns!

Perfectly Positioned in one of Melbourne’s most sought-after building complexes ‘Arts on The Park’ at 350 William Street. This apartment has all the makings of a convenient inner-city home or a suave addition to any savvy investor’s portfolio.

This sleek and modern apartment features a stylish galley-kitchen with stone benches, glass splash-backs, premium stainless-steel appliances and ample storage cabinetry. A spacious and well-lit living zone with floor to ceiling windows that expanding onto a covered balcony. Other features include built in robes & ample storage space, an immaculately presented central bathroom, convenient European laundry, reverse-cycle heating & cooling unit & NBN ready network.
Building Features include a 24-hour concierge, fully-equipped gymnasium, private lift access, secure-intercom entry & video monitored surveillance.

The central location is nothing short of spectacular, making this immaculately appointed apartment a wonderful investment for anyone looking to buy in the heart of the ‘world’s most liveable city’. Easy access to public transport with trams and flagstaff station right at your doorstep, and within close proximity to Queen Victoria Market, Melbourne Central Shopping Complex, RMIT & Melbourne Universities, this apartment is ultra-convenient for a relaxed yet vibrant ‘City-Lifestyle’.
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INVESTMENT OPPORTUNITY:
Residential Lease – Currently leased to Jazz Corner Hotel
Projected rental income: approx. $380-$390 per week
Return: approx. potential 8% return