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1208/301 King Street, Melbourne$425,000
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1208/301 King Street

Melbourne, VIC 3000, Australia
$425,000
1 bed 1 bath

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Area Price Guide
$399,500$450,500

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87
Comparable
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$520,000
Area median
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-18%
vs median
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1 week ago
Listed

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About this property

High-Yield CBD Investment 8%+ Rental Return in the Heart of Melbourne Positioned in one of the most convenient pockets of the CBD, 1208/301 King Street, Melbourne presents an exceptional opportunity for savvy investors seeking strong returns and long-term growth. This well-appointed 1 bedroom, 1 bathroom apartment offers low-maintenance living combined with an impressive rental yield of 8%+, making it a standout performer in today's market. Situated within the sought-after Melbourne CBD, the property enjoys immediate access to everything the city has to offer. From world-class dining and shopping to seamless public transport options including Melbourne tram network and Southern Cross Station, convenience is second to none. The apartment features: -Spacious bedroom with built-in robes -Light-filled open-plan living and dining area -Functional kitchen with quality appliances -Modern bathroom -Secure building with lift access Perfectly suited for investors, this property offers: -Strong rental demand in a prime CBD location -High rental yield exceeding 8% -Low-maintenance asset with consistent income potential Beyond the apartment, residents enjoy a sculptural indoor pool, sauna, fully equipped gymnasium, private dining rooms, co-working spaces and a ballroom. The King Street location places Flagstaff Gardens, Queen Victoria Market, Bourke Street Mall and Southern Cross Station all within walking distance, alongside the laneways, cafes and restaurants that define Melbourne's celebrated food and culture scene. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,060/month
    $1,030 /fortnight
    Loan $340,000 at 6.10% over 30 years

    Upfront costs

    Deposit$85,000
    Stamp duty$20,570
    Conveyancing (est.)$2,000
    Total upfront$107,570
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    1 week ago

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