High-Yield CBD Investment - Fully Furnished with Up to 9% Return

For Sale

2508/442 Elizabeth Street, Melbourne, VIC, 3000

High-Yield CBD Investment - Fully Furnished with Up to 9% Return

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Friday, April 10, 2026 ( See property details for 2508/442 Elizabeth Street, Melbourne, VIC, 3000)

$425,000 - $465,000

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This fully furnished CBD apartment offers flexible living, modern finishes, and excellent rental potential in Melbourne’s heart, ideal for investors and owner-occupiers alike.

🏡 Property Highlights

Prime CBD location with unbeatable walkability to major amenities
Fully furnished apartment with immediate rental income potential
Flexible layout allowing for a potential 2-bedroom setup
Light-filled living space with city views and floor-to-ceiling windows
Secure building with intercom access and secure car space
Close proximity to Queen Victoria Market, Melbourne Central, and universities

✨ Key Features

Built-in Robes
Balcony
Open-Plan Living
Security Screens / Gates
Garage
Outdoor Area / Balcony
Internal Laundry
Fly Screens
NBN / High-Speed Ready
Fully Furnished

Suburb and Property Insights of Melbourne, VIC 3000

Melbourne CBD offers vibrant city living with a diverse array of cafes, restaurants, and shopping options. Its excellent public transport connectivity, proximity to universities, and iconic landmarks make it a highly sought-after location for both residents and investors. The area boasts a lively cultural scene and easy access to daily amenities, ensuring a dynamic urban lifestyle.

Frequently Asked Questions

Is the apartment currently leased and what is the rental income?

Yes, the apartment is fully furnished and currently leased, providing immediate rental income for investors.

Can the layout be modified to create a second bedroom?

Yes, the owner has added a divider to create an additional room, allowing the apartment to function as a potential 2-bedroom.

What amenities are available within the building?

The building features secure access with intercom, ensuring safety and convenience for residents.

What are the nearby attractions and amenities?

The apartment is within walking distance to Queen Victoria Market, Melbourne Central, QV Shopping Centre, RMIT University, University of Melbourne, cafes, restaurants, and daily amenities.

Is the apartment suitable for owner-occupiers?

Yes, the flexible layout, modern finishes, and prime CBD location make it ideal for owner-occupiers looking for a city-based home.

What to ask about this property to agent?

Are there any upcoming building maintenance or renovation works scheduled for the building? What are the strata or body corporate fees, and what do they cover? Are there any restrictions on short-term rentals or Airbnb in the building? Has the apartment been inspected for any structural or pest issues? Are there any zoning restrictions or easements affecting the property? What are the total ongoing costs, including council rates and strata fees? Is there any history of flooding or bushfire risk in the area? Are there any planned developments or construction projects nearby that could impact living conditions? What is the age of the building and when was it last renovated? Are there any special assessments or upcoming levies expected for the building?

2508/442 Elizabeth Street, Melbourne, VIC, 3000 - More Details

High-Yield CBD Investment - Fully Furnished with Up to 9% Return

Type: Apartment
Bedrooms: 1
Bathrooms: 1
Parkings: 1

2508/442 Elizabeth Street, Melbourne, VIC, 3000 - Point Of Interest

Locate Near By Places of 2508/442 Elizabeth Street, Melbourne, VIC, 3000 On Map

Your Commute at a Glance: 2508/442 Elizabeth Street, Melbourne, VIC, 3000

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2508/442 Elizabeth Street, Melbourne, VIC, 3000

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