5210/570 Lygon Street

Positioned on vibrant Lygon Street, this well-configured apartment presents an excellent opportunity for investors seeking reliable rental income in one of Melbourne's most sought-after university precincts. Importantly, the apartment is not restricted to student-only occupancy, allowing for a broader range of potential residents while currently benefiting from professional management through UniLodge. Currently leased at $2,051 per calendar month until 19 July 2027, the property offers an immediate income stream with the security of an established tenancy in place. The floorplan provides a practical and generous layout, featuring a separate bedroom with built-in robe, a comfortable living area, functional kitchen, central bathroom, and the added advantage of a dedicated study space, ideal for working or studying from home. Located directly on Lygon Street, the apartment is surrounded by Melbourne's renowned café and dining culture, while being only moments from the University of Melbourne, RMIT University, and the CBD. Tram routes 1 and 6 stop at your doorstep, providing direct access through Carlton, the city, and beyond. Residents of the complex enjoy access to a range of shared facilities including a gym, sauna, outdoor swimming pool, BBQ area, communal lounge spaces, seminar rooms, and on-site laundry, along with a 24-hour help desk. Whether you are looking to expand your investment portfolio or secure a well-located inner-city apartment with flexible occupancy options, this property presents a compelling opportunity in a tightly held Carlton precinct. Contact us today for further details. ----- Disclaimer: Some images are digitally edited and contain styled furniture for display purposes only. We have, in preparing this document, used our best endeavours to ensure that the information contained is accurate. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria.