204/123 Pelham Street

Contemporary living moments from everything! Positioned within a highly sought after Carlton address - this light filled north facing apartment delivers an exceptional inner-city lifestyle defined by space, low maintenance living and effortless connectivity. Leased at $690 per week, providing a strong gross rental yield of approximately 8.0% Timber flooring flows through the open plan living and dining area, where the true north facing orientation draws in sunlight throughout the day and creates a warm, inviting atmosphere. The living zone extends to a private balcony, offering an easy space to relax or entertain with a pleasant outlook. The kitchen is sleek and practical, appointed with stone finishes and quality appliances, while two well proportioned bedrooms provide comfortable accommodation with excellent natural light. Including a main bedroom that enjoys access to the balcony. A central bathroom features floor to ceiling tiling and incorporates a European laundry, enhancing everyday functionality without compromising space. Residents also enjoy access to a rooftop terrace with panoramic city views, BBQ facilities and landscaped entertaining areas, adding a valuable lifestyle advantage rarely found in apartment living. Perfectly positioned between Lincoln Square and Argyle Square, and within easy walking distance of Melbourne University, RMIT, the hospital precinct, Lygon Street, Queen Victoria Market and the CBD, this is a location that places the best of Carlton at your doorstep. Trams, cafés, parklands and major institutions are all close by, making it an ideal opportunity for both owner occupiers and investors. Currently leased at $690 per week until 23 December 2026, the property offers immediate secure income alongside future flexibility. Don't miss this rare gem at rock bottom pricing in coveted Carlton - act now! For inspection and enquiries please contact 0401 622 209