A strategic inner-city acquisition delivering instant equity, strong rental demand, and long-term growth exposure.
This low-maintenance two-bedroom apartment was secured significantly below market value in a tightly held inner-west suburb, combining immediate upside with reliable income fundamentals and proximity to Melbourne’s CBD.
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Below-Market Acquisition
Secured at $351,000, representing $100,000+ below market value and delivering instant equity from day one.Strong Rental Fundamentals
Rental appraisal of $450–$490 per week, supporting an estimated 6–8% gross yield depending on achieved rent.Low Vacancy Risk
Vacancy rates of just 1.4%, reflecting consistent tenant demand and minimal leasing downtime.Prime Inner-City Positioning
Located only 7km from Melbourne CBD, with direct public transport access positioned right outside the building.Immediate Income Potential
Purchased with vacant possession, allowing the property to be leased immediately at full market rent.