$165,000 - $180,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 312/238 Flinders Street, Melbourne VIC 3000
Floorplan of Homely apartment listing, 312/238 Flinders Street, Melbourne VIC 3000
Second view of Homely apartment listing, 312/238 Flinders Street, Melbourne VIC 3000
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312/238 Flinders Street, Melbourne VIC 3000

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$165,000 - $180,000

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Apartment for saleNEW on Homely

Next inspection:Sat 6 Dec 12:45pm

What's around Flinders Street

Apartment description

“Prime Investment Opportunity – High-Yield CBD Studio with Low Outgoings”

Delivering exceptional returns in one of Melbourne's most sought-after locations, this studio apartment at 238 Flinders Street is the ideal set-and-forget investment. NOT JUST FOR STUDENTS and With a potential rental income of $400 per week, incredibly low outgoings of under $5,000 per annum, and a functional approx. 29sqm layout, this property stands out as one of the strongest yield performers in the CBD.

Freshly updated with brand-new floorboards throughout, the apartment offers a clean, modern feel and a practical open-plan design. The kitchenette includes two stove cooktop-microwave, fridge, and ample storage-perfect for everyday living. The living/bedroom zone is well configured, offering space for a bed, dining setup, sofa, and built-in study desk, making the most of the generous studio footprint.

A bright bathroom with bath/shower combo completes the internal picture, providing both comfort and convenience.

Residents enjoy access to superb building amenities, including a recreation room and coin-operated laundry, ensuring ongoing tenant appeal.

Perfectly placed in the heart of the city, everything is at your doorstep-cafes, restaurants, transport, shopping, and universities. Just a 1-minute walk to the supermarket, 500m to Victoria University, and quick tram access to RMIT and Melbourne University, making this location highly sought after by students and city professionals alike.

Whether you're a seasoned investor or entering the market for the first time, this high-yielding, low-maintenance studio offers unbeatable value in a blue-chip CBD position.

Act fast-opportunities like this don't last.

Property features

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

floorboards

Floorboards

petFriendly

Pet-Friendly

Other features

Area Views, Close to Schools, Close to Shops, Close to Transport, Heating, Openable Windows

Council rates

$108 Quarterly

Interactive media & resources

Inspection times

Saturday
6 Dec 12:45 PM
Contact the agent
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Third view of Homely apartment listing, 312/238 Flinders Street, Melbourne VIC 3000View more
Fourth view of Homely apartment listing, 312/238 Flinders Street, Melbourne VIC 3000View more

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312/238 Flinders Street, Melbourne VIC 3000
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