3617/488 Swanston Street, Carlton VIC 3053

Steps away from the world class University of Melbourne and RMIT University, and located at the peaceful end of Swanston Street just a short walk or tram ride into the city, this one bedroom apartment is a fantastic investment prospect in the 'Arrow on Swanston' complex.
This a tremendous prospect for long-term investors with an incredibly appealing rental return of $1,349.88 per month which translates to up to a 8% yield. With a 3rd floor position and beautifully presented, this neat apartment comes fully-furnished and enjoys a comfortable lounge with flat screen TV and reverse cycle cooling, modern kitchenette with stainless steel Blanco cooktop and Fisher & Paykel fridge, private bedroom with mirrored BIR and its own reverse cycle cooling unit, tasteful bathroom, small balcony, intercom entry, building manager, and access to facilities which include a heated indoor pool, gymnasium, and communal laundry.
Positioned close to Lygon Street restaurants, cafes, and shops, Carlton Gardens, Royal Exhibition Building, Queen Victoria Market, Melbourne Central shops and trains, QV shopping, State Library of Victoria, and a wealth of terrific CBD attractions.