2511/639 Little Lonsdale Street

The property is currently leased at $700 per week, with the lease expiring on 15 June 2027. Offering a strong approximately 8% gross rental return and uninterrupted views across Flagstaff Gardens, this sophisticated city residence combines lifestyle excellence with outstanding investment appeal. Designed to maximise natural light and urban outlooks, the intelligently planned interior is enhanced by expansive glazing and an elevated position that captures the beauty of the surrounding cityscape. Open plan living and dining flows seamlessly to a private balcony, creating an inviting setting for entertaining or unwinding above the bustle below. Refined finishes and practical design define the interiors, with timber flooring, a sleek stone-appointed kitchen, quality appliances and contemporary fittings all contributing to a low-maintenance yet luxurious environment. The spacious bedroom includes built-in robes, while the separate study offers ideal flexibility for working from home, creative pursuits or additional storage. A central bathroom, European laundry and linen storage complete the home, while residents enjoy access to premium building amenities in a secure, sought-after complex. Positioned moments from Flagstaff Gardens, Queen Victoria Market, leading universities, transport links and Melbourne's renowned dining and retail precincts, this is an exceptional opportunity for owner-occupiers and investors alike. Please note: furniture in some images has been virtually staged for illustrative purposes only. Outgoings: Council Rates: $1,031 per annum approx. Water Rates: $738 per annum approx. Owners Corporation Fees: $3,787 per annum approx.