402/127 Leicester St, Carlton, VIC, 3053

Live in or rent out.

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Tuesday, March 10, 2026 ( See property details for 402/127 Leicester St, Carlton, VIC, 3053)

Peter Davies Licensed Estate Agent – Officer in Effective Control
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, sunlit one-bedroom apartment in a prime Carlton location, perfect for investors or first home buyers.

🏡 Property Highlights

  • Bright and sunny aspect on the east side of level 4
  • Fully furnished with modern appliances
  • Prime location near Melbourne University and CBD
  • Ideal for investors or first home buyers
  • Previously rented at $380 per week
  • Close to public transport including Parkville Station

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • NBN / High-Speed Ready
  • Open-Plan Living
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • Ceiling Fans
  • Pet-Friendly

Carlton is a vibrant inner-city suburb renowned for its cultural diversity, excellent educational institutions, and lively dining scene. It offers convenient access to Melbourne’s CBD, parks, and public transport, making it ideal for students, professionals, and investors alike. The area boasts a mix of historic architecture and modern amenities, ensuring a dynamic urban lifestyle. With its proximity to Melbourne University and Queen Victoria Market, Carlton is a sought-after location for both living and investment. The community atmosphere combined with excellent walkability makes it a highly desirable suburb.

What is the layout and size of the apartment?
This apartment features a single studio-style bedroom with an open-plan living area, providing a compact and functional space ideal for city living.
Is the apartment furnished and move-in ready?
Yes, the apartment is fully furnished with essentials including a fridge, microwave, and TV, making it ready for immediate occupancy.
What are the nearby amenities and transport options?
The property is within walking distance to Melbourne University, Queen Victoria Market, the CBD, and Lygon Street shops and cafes. Public transport options include the nearby Parkville Station and other bus routes.
Is the property suitable for investment purposes?
Absolutely, the apartment has previously rented at $380 per week and is ideal for investors seeking a good return or for those looking to add to their SMSF.
What are the features that make this property appealing?
Its sunny aspect, prime location, fully furnished status, and proximity to key educational and commercial hubs make it highly attractive for both living and investment.
Are there any upcoming strata or body corporate fees and what do they cover? Are there any restrictions or covenants on the property that could affect future renovations? Has the property been inspected for any structural or pest issues? Are there any planned developments or construction projects nearby that could impact the property? What are the long-term zoning and planning regulations for this area? Is there any history of flooding or bushfire risk in this location? Are there any additional costs associated with the furnishings or appliances included? What are the strata or community management arrangements and fees? Are there any noise or nuisance issues from neighboring properties? Is the property compliant with all local building and safety regulations?

402/127 Leicester St, Carlton, VIC, 3053 - More Details

Live in or rent out.

Type
Apartment
Bedrooms
1
Bathrooms
1

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