101/160 Little Lonsdale St, Melbourne, VIC 3000
Apartment
11
Furnished & Tenanted | 9.4% Yield | Rental Growth Upside to
TURNKEY CBD INVESTMENT | FURNISHED | PRIVATE BALCONY | SECURE INCOME UNTIL JULY 2027
Perfectly positioned in the heart of Melbourne's CBD, this fully furnished and tenanted apartment at 160 Little Lonsdale Street represents a rare opportunity for investors seeking immediate, hassle-free rental income with compelling growth upside.
THE INVESTMENT CASE
Currently leased until 14 July 2027 at $1,955 per month, this property is generating a gross rental yield of approximately 9.4% at the listed price — well above the Melbourne unit market average of 7.97%. With comparable furnished units in the building and precinct now achieving $550–$570 per week, the next lease presents a meaningful rental uplift of 22–27% for the incoming owner.
No vacancy risk. No setup costs. No furniture to source. Simply settle and collect.
THE PROPERTY
Situated on Level 1 of the well-maintained complex at 160 Little Lonsdale Street, this smartly designed apartment offers:
- 1 bedroom | 1 bathroom | private balcony
- 26m² internal + 4m² balcony = 30m² total area
- Fully furnished including all white goods — completely turnkey
- Built 2003 | Capital City Zone CCZ1 — Schedule 1
- Council: City of Melbourne
THE LOCATION
Nestled on Little Lonsdale Street, one of Melbourne's most vibrant CBD addresses, the property sits moments from:
- Melbourne Central, QV and Emporium shopping precincts
- Royal Melbourne Hospital and Melbourne University
- Flagstaff Gardens
- World-class dining, cafes and entertainment
- Excellent tram and train connections at your doorstep
SUMMARY OF INVESTMENT FIGURES
- Listed price: $275,000
- Current rent: $450 per week ($1,955 per month)
- Lease expiry: 14 July 2027
- Gross yield (current): approx. 9.4%
- Projected rent post-lease: $550–$570 per week
- Projected gross yield post-lease: approx. 10.4–10.8%
- Council rates: $725 per annum
- Water rates: $540 per annum
- Owners Corporation fees: $3,572 per annum
- Land tax: $500 per annum (applicable to investors only — not applicable for owner-occupiers)
- Net yield at current rent (investor): approx. 6.57%
- Net yield post-lease at $560 per week (investor): approx. 7.83%
Sold fully furnished including all white goods and fixtures as inspected.
Private inspection only.
| Property: | Apartment |
| Bedrooms: | 1 |
| Bathrooms: | 1 |
Open for Inspection Times:
Recent Sales in the Suburb of Melbourne
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.