1208/301 King Street
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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 Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Melbourne
This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 21% below the $565,000 median of 75 comparable apartmentswithin 5 km.
Schools near Melbourne
- Eltham College - Lonsdale Street Campuscombined
- Melbourne Grammar Schoolcombined · Prep-12 · CoEd
- Melbourne Grammar School - Wadhurst Campuscombined
- Victorian College For The Deafcombined · U · CoEd
- Wesley Collegecombined · Prep-12 · CoEd
- Holmes Grammar Schoolsecondary · 11-12
What's nearby
- Stop 3: Flagstaff Station (tram) — 295 m away
- EzyMart — 497 m away
- Angliss Rain Garden — 130 m away
- Unnamed — 146 m away
- Unnamed — 213 m away
Melbourne at a glance
Full suburb profile- Population
- 54,941
- Median age
- 29
- Household income
- $1,448/wk
- Median rent
- $381/wk
- Median mortgage
- $1,800/mo
Source: ABS Census.
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Suburb market
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Melbourne price trend
Median sold · Unit 1 bed
Compound growth -0.8% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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