1802/33 Mackenzie Street, Melbourne VIC 3000

With gross returns of 7.2% locked away for 12 months, this M33 apartment on the north east edge of the CBD is a fantastic investment opportunity.

The modern kitchen area includes gas cook-top, oven, dishwasher, stone bench-top and tiled splash-back with heaps of storage space. The living room opens up onto the balcony, which presents views of the complexes luxurious swimming pool.

The two bedrooms includes mirrored BIRs, and the modern bathroom is bright and includes a Euro-laundry. Split system heating/cooling, and secure swipe/intercom entry round out the great city pad. Residents also have access to the resort style pool, gymnasium, sky gardens and sun terrace.

Conveniently located close to universities, public transport, Carlton Gardens and Royal Exhibition Building, iconic Lygon Street, State Library of Victoria, this 2-bedroom apartment is perfect for a first home buyer entering the market, or ideal for an investor.