404/471 Little Bourke Street, Melbourne VIC 3000

Set to impress in the heart of the CBD, this supersized studio apartment comes fully serviced and furnished as a rewarding investment opportunity. Hit the ground running as part of the well-managed PHG hotel scheme and pocket lucrative returns without having to lift a finger! Head downstairs and take full advantage of a blue-chip location within walking distance of the legal precinct, Bourke Street Mall, QV shopping, universities, Queen Victoria Market, Hardware Lane alfresco dining, Flagstaff trains, and free city trams.

The open floorplan spreads out over approximately 50sqm with wide-reaching living and dining, underscored by an L-shaped kitchen with gleaming granite surfaces, an electric cooktop, a Sharp microwave, and a Euro-style laundry. Facing east on the fourth level, the light-filled layout incorporates so much room for rest and retreat in a dedicated space offering mirrored built-in robes, a study zone, and queen-sized comfort. The vast bathroom is graced with a luxurious bathtub, a walk-in shower, and a granite-topped vanity.

Additional features include ducted heating and cooling throughout, day/night curtains, and recessed down-lighting, and resort-inspired use of a top-floor gym and sauna. The stylish furniture comprises a pair of queen-sized beds, wall-mounted televisions, a large desk and two chairs, sofa, and quality white goods including a Hisense fridge and a washer/dryer. Inspect this high-flying portfolio performer with confidence!

8.23% Annual Gross Rental Yield based on $459 per week and a sale price of $290,000.

Lease until March 2029

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.