1405W/48 Balston St

**Inspection by Appointment Only** Positioned on the 14th floor of the sought-after Marco complex, this beautifully presented one-bedroom apartment offers a bright, low-maintenance lifestyle in the heart of Southbank. Currently leased at $550 per week until January 2027, the apartment offers immediate rental income and strong investment appeal. It presents an attractive opportunity for investors seeking a well-located Southbank property with an estimated gross rental yield of approximately 7.6% to 8.2%. The open-plan living and dining area is framed by floor-to-ceiling windows and extends to a private balcony, capturing an open neighbourhood outlook towards South Melbourne and the bay. Timber flooring and natural light create a warm, contemporary setting for everyday living or entertaining. The streamlined kitchen is thoughtfully appointed with stone benchtops, gas cooking, a dishwasher and generous storage. The spacious bedroom features a walk-in wardrobe, while the modern central bathroom and concealed European laundry add everyday practicality. Residents of Marco enjoy access to an impressive collection of resort-style facilities, including a heated infinity pool with city views, a fully equipped gymnasium, cinema room, private dining and entertaining spaces, and a welcoming grand lobby. Step outside and enjoy easy access to Crown Entertainment Complex, Southbank Promenade, South Melbourne Market, the Arts Precinct, riverside dining, public transport and the Melbourne CBD. With convenient freeway access nearby, this apartment is equally well suited to owner-occupiers seeking an inner-city base and investors looking for a well-positioned Southbank property. Inspect today and discover the lifestyle appeal of Marco living. Key Features -One spacious bedroom with walk-in wardrobe -Open-plan living and dining with timber flooring -Floor-to-ceiling windows and excellent natural light -Private balcony with open neighbourhood and bay outlook -Stone-finished kitchen with gas cooking and dishwasher -Modern bathroom and concealed European laundry -Heating and cooling -Secure entry with intercom and lift access -Heated infinity pool, gymnasium, cinema and residents' entertaining spaces -24-hour concierge service -Melbourne Square Woolworths supermarket just across the road -Convenient Southbank location close to the CBD