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5210/500 Elizabeth Street, Melbourne, Vic 3000

$495,000

Apartment

Type

Bedrooms

Bathrooms

65.6 m²

Area

Last updated on Wednesday, August 26, 2026 ( See property details for 5210/500 Elizabeth Street, Melbourne, Vic 3000)

$495,000

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5210/500 Elizabeth Street, Melbourne, Vic 3000 - More Details

$495,000

Positioned high on Level 52 of the iconic Vision Apartments (c. 2016), this modern two-bedroom, two-bathroom apartment delivers an exceptional blend of lifestyle, location, and investment appeal in the heart of Melbourne's CBD.

Step inside to a light-filled open-plan living and dining area, complemented by floor-to-ceiling windows that frame breathtaking panoramic views across the city skyline. The private balcony offers incredible views of Melbourne's city centre and the historic State Library of Victoria - perfect for morning coffee or evening relaxation above it all.

The sleek kitchen is well-appointed with Miele appliances, ample storage, and a clean, contemporary design. Both bedrooms are generously sized with built-in robes, including a master with its own stylish ensuite, while the second bathroom is also fully tiled and boats a Corian stone basin, mirrored vanity and concealed cistern offering luxury and functionality.

Enjoy unbeatable convenience with the famed Queen Victoria Market located at your front door, along with immediate access to Melbourne's leading universities including RMIT and the University of Melbourne. The central location places you within walking distance of the CBD's shopping, dining, transport, and cultural attractions-making it ideal for both owner-occupiers and tenants alike.

This apartment is available for owner occupiers to move in and enjoy the amazing lifestyle on offer or investors can take advantage of high rental demand and a generous return.

Investment Highlights:

• Rental potential of $800 - $850 per week (unfurnished) or $900 per week (furnished)

• Representing an Approx. gross rental yield of 8.03% (unfurnished) at $850/week or 8.50% (furnished) at $900 per week

A premium inner-city residence with unbeatable views and location-this is Melbourne living at its finest.

Type: Apartment
Bedrooms: 2
Bathrooms: 2
Area: 65.6 m²
House Size: 59.6 m²

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