109/48 Wellington Parade,
East Melbourne, VIC 3002
Shops & Retail • Hotel, Motel & Leisure
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Key property information
Floor area
Map of 109/48 Wellington Parade
Guaranteed Performer: Perfect inner city investment to set & forget
This fully self-contained studio apartment presents as a great investment opportunity.
Located in the tightly held leafy suburb of East Melbourne ideally positioned between MCG/Rod Laver arena's, Melb CBD, Yarra River, Fitzroy Gardens, Crown Casino & Bridge Rd's cosmopolitan retail strip.
Complimented by long term leasing arrangements with Quest East Melbourne returning a massive yield circa 7% ($15,345pa) with some outgoings paid by the tenant. This outstanding performing investment would be a welcome addition to those astute investors looking to capitalise long term.
With sweeping views across Melbourne's city skyline & direct views to MCG this very well maintained north facing apartment offers quality fixtures & fittings throughout, large well equipped bathroom, air-con & heating throughout, private balcony together with onsite reception/concierge facilities & rooftop garden terrace with entertainment furniture and sunbeds.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers/lessees are advised to carry out their own investigations.
Located in the tightly held leafy suburb of East Melbourne ideally positioned between MCG/Rod Laver arena's, Melb CBD, Yarra River, Fitzroy Gardens, Crown Casino & Bridge Rd's cosmopolitan retail strip.
Complimented by long term leasing arrangements with Quest East Melbourne returning a massive yield circa 7% ($15,345pa) with some outgoings paid by the tenant. This outstanding performing investment would be a welcome addition to those astute investors looking to capitalise long term.
With sweeping views across Melbourne's city skyline & direct views to MCG this very well maintained north facing apartment offers quality fixtures & fittings throughout, large well equipped bathroom, air-con & heating throughout, private balcony together with onsite reception/concierge facilities & rooftop garden terrace with entertainment furniture and sunbeds.
Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers/lessees are advised to carry out their own investigations.
Additional information
External websites
Property ID: 500921947Last Updated: 5 Jul 2023
03 9699 75...
109/48 Wellington Parade
East Melbourne, VIC 3002
Lemon BaxterLevel 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
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