1308/135 City Road

Perfectly positioned within the popular Wrap Apartments, this well-presented one-bedroom residence presents an outstanding opportunity for investors seeking strong rental returns in one of Melbourne's most established city-fringe locations. Offering the potential for an approximate 8%+ gross yield, this is an affordable entry into the Melbourne market with strong appeal for investors looking to maximise returns while securing a property in a proven rental location. Situated on the 13th floor, the apartment features a light-filled open plan living and dining area flowing to a private balcony, while the modern kitchen is fitted with stone benchtops, stainless steel appliances and ample storage. The spacious bedroom is serviced by a well-appointed central bathroom, while additional features include reverse cycle heating and cooling, a European laundry and secure intercom access. Residents enjoy access to premium facilities including a swimming pool, gymnasium, sauna and concierge service, all contributing to the property's ongoing appeal to prospective tenants. Located moments from Crown Entertainment Complex, Melbourne Square, South Melbourne Market, Clarendon Street's renowned dining precinct and multiple tram routes into the CBD, this is a location that continues to attract strong rental demand year after year. Features: Approx. 8%+ gross yield potential Spacious bedroom with built-in robes Open plan living and dining area Private balcony Stone kitchen with stainless steel appliances Reverse cycle heating and cooling European laundry Secure intercom entry Concierge service Indoor pool, gym and sauna Prime Southbank location Strong tenant demand area To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment. Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist