6/48 Wellington Parade, East Melbourne, Vic 3002

$230,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Thursday, May 14, 2026 ( See property details for 6/48 Wellington Parade, East Melbourne, Vic 3002)

$230,000

Graham Hicks Senior Sales Consultant, Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A conveniently located ground floor studio apartment in East Melbourne, perfect for investors seeking a low-maintenance, long-term rental opportunity.

🏡 Property Highlights

  • Prime location within walking distance to Melbourne CBD and major sporting and entertainment venues.
  • Ground floor studio apartment offering easy access and convenience.
  • Situated in the well-maintained Quest development with potential to join the rental pool.
  • Close to public transport with tram passes at the front door and a train station opposite.
  • Ideal long-term investment opportunity with a 'sit and forget' approach.
  • Proximity to vibrant Bridge Road and Swan Street, renowned for dining, bars, and shopping.

✨ Key Features

  • Studio
  • Ground floor
  • Galley style kitchen
  • Fully tiled bathroom
  • Tram passes front door
  • Train station opposite
  • Outdoor Area
  • Open-Plan Living
  • Built-in Robes
  • Secure Parking

East Melbourne is a highly sought-after suburb known for its proximity to the Melbourne CBD, vibrant dining and entertainment precincts, and excellent public transport links. It offers a mix of historic charm and modern living, making it ideal for both investors and residents. The area boasts easy access to major sporting venues, parks, and cultural attractions, ensuring a dynamic lifestyle. With its well-maintained developments and strong rental demand, East Melbourne remains a premier choice for property investment. The neighbourhood combines convenience, lifestyle, and growth potential in one highly desirable location.

What are the ongoing costs associated with this apartment?
Ongoing costs may include strata fees, council rates, and utilities. Specific details can be obtained from the current strata management and property owner.
Is the apartment suitable for long-term tenants?
Yes, the apartment's location and features make it an attractive option for long-term tenants, especially those seeking proximity to Melbourne's CBD and entertainment venues.
What amenities are available within the Quest development?
The Quest development is well-maintained and may offer amenities such as communal areas, security, and maintenance services, which can be confirmed with the management.
Are there any restrictions on leasing or renting out the property?
Leasing restrictions depend on the strata scheme and building policies. It is advisable to review the strata by-laws and consult with the management for specific leasing conditions.
What is the condition of the apartment and building?
The apartment is in a well-maintained condition, and the building is part of the reputable Quest development, ensuring quality standards are upheld.
Are there any upcoming maintenance or repair works scheduled for the building that could incur additional costs? Has the property been inspected for any structural issues or defects? Are there any restrictions or easements affecting the property? What are the strata fees and are there any planned increases? Is the property compliant with all local building codes and regulations? Are there any planned developments or zoning changes in the area that could impact the property? What are the noise levels and neighbour conditions in the building? Is there any history of flooding or bushfire risk in the area? Are there any existing or pending disputes within the strata scheme? What are the terms and conditions of the potential rental pool participation?

6/48 Wellington Parade, East Melbourne, Vic 3002 - More Details

$230,000

Situated in one of Melbourne's premier suburbs.

Location could not be better being within walking distance to the CBD, MCG, AAMI park, Rod Laver Arena, & all the delights of Bridge Road and Swan Street offering numerous restaurants, bars & eclectic shopping.

Features:

* Studio
* Ground floor
* Galley style kitchen
* Fully tiled bathroom
* Tram passes front door
* Train station opposite

The apartment is situated in the beautifully maintained Quest development and an opportunity exists to join Quest rental pool.

On offer is a sit and forget long term investment.
Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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