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UNIT 709/280 Spencer Street, Melbourne$255,000
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UNIT 709/280 Spencer Street

Melbourne, VIC 3000, Australia
$255,000
1 bath

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Area Price Guide
$239,700$270,300

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90
Comparable
📊
$540,000
Area median
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-53%
vs median
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1 week ago
Listed

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About this property

To enquire, please email or call 1300 815 051 and enter code 1240 An exceptional opportunity to secure a strong-performing investment in the heart of Melbourne CBD. Positioned within a well-located residential complex, just a short walk to Southern Cross Station (approx. 6 minutes), this well-presented studio offers attractive rental returns and true set-and-forget convenience. Investment Highlights: Strong Rental Potential Estimated rental return of $510$550 per week, delivering a compelling gross yield in the current CBD market. Turn-Key Investment Recently upgraded with brand-new premium flooring. Offered with existing appliances and furnishings, including a washing machine, dryer, fridge, microwave, bed, and table ready for immediate leasing. Low-Maintenance Living Secure building with professional management and resident facilities, including pool and gym, appealing to a wide tenant base. Prime Location Just a short walk to Southern Cross Station (approx. 6 minutes), providing excellent connectivity across Melbourne and direct airport access. Surrounded by key amenities including Coles, retail, and dining, this is a proven high-demand rental location for both professionals and students. Sale Details: Private Sale Offers Invited Vacant possession available Section 32 is available upon request All figures are indicative only. Buyers should undertake their own due diligence. Images may include virtual furniture for illustration purposes. To enquire, please email or call 1300 815 051 and enter code 1240

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $1,236/month
    $618 /fortnight
    Loan $204,000 at 6.10% over 30 years

    Upfront costs

    Deposit$51,000
    Stamp duty$10,370
    Conveyancing (est.)$2,000
    Total upfront$63,370
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    studio
    Listing Type
    For Sale
    Bathrooms
    1
    Listed
    1 week ago

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