High Yield Carlton Investment with 11% Return

For Sale

411/127 Leicester St, Carlton, VIC, 3053

High Yield Carlton Investment with 11% Return

Apartment

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, March 18, 2026 ( See property details for 411/127 Leicester St, Carlton, VIC, 3053)

Stasi Adgemis - Real Estate Agent - Woodards - Manningham

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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.

A modern, fully furnished one-bedroom apartment in Melbourne's university precinct offering strong rental returns and low-maintenance city living.

🏡 Property Highlights

Prime location just 100 metres from the University of Melbourne
High rental yield of approximately 11.6%
Fully furnished with modern appliances for immediate occupancy
Low holding costs including owners corporation fees and council rates
Excellent amenities including secure video entry and communal spaces
Versatile lease options suitable for students, professionals, or investors

✨ Key Features

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

Suburb and Property Insights of Carlton, VIC 3053

Carlton is a vibrant inner-city suburb renowned for its academic institutions, diverse dining options, and cultural attractions. Key features include proximity to the University of Melbourne, Queen Victoria Market, and Melbourne Museum. The area offers excellent public transport links, a lively atmosphere, and a strong rental demand, making it ideal for investors and city professionals alike.

Frequently Asked Questions

What is the current rental income and potential yield of this apartment?

The property is currently leased at $370 per week, with a gross rental yield of approximately 11.6% based on the asking price.

Are there any additional costs or fees associated with owning this apartment?

Yes, owners corporation fees are approximately $2,235.64 per annum, with council rates around $524 and water charges approximately $726 annually.

Is the apartment suitable for both investors and owner-occupiers?

Absolutely, the apartment is ideal for investors seeking strong returns and for owner-occupiers looking for a city-based residence with excellent amenities.

What amenities are available within the building?

Residents enjoy secure video entry, lift access, two communal lounge areas, an outdoor terrace, communal laundry, and bicycle storage.

Can the apartment be leased to students, professionals, or both?

Yes, the property is not student-only accommodation and offers flexibility to lease to students, young professionals, or city-based tenants.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or living environment? What are the specific terms of the lease currently in place, and when is it due for renewal? Are there any restrictions or easements affecting the property or building? Has the property been recently renovated or does it require any repairs? Are there any strata or owners corporation issues, such as special levies or disputes? Is the building compliant with all safety and building regulations? What are the long-term plans for the building or surrounding area that could impact value? Are there any known issues with noise, pests, or neighbours? What is the process for renting or leasing the apartment, and are there any restrictions? Are there any additional costs for parking or amenities not included in the current fees?

411/127 Leicester St, Carlton, VIC, 3053 - More Details

High Yield Carlton Investment with 11% Return

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

411/127 Leicester St, Carlton, VIC, 3053 - Point Of Interest

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Your Commute at a Glance: 411/127 Leicester St, Carlton, VIC, 3053

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