{"Slug":"apartment-11-43-lonsdale-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/apartment-11-43-lonsdale-street-melbourne-vic-3000","Address":"11/43 Lonsdale Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Apartment","Status":"For Sale","Headline":null,"Description":"Two bedroom apartment with the preferred leafy northerly aspect in a brilliant CBD location.Enjoy the benefit of a long term lease, minimal outgoings and a higher net return than traditional residential investment property.NOTE:  THIS PROPERTY IS FOR INVESTORS ONLY AND CANNOT BE  OWNER OCCUPIEDComprising a functional kitchen, open plan dining and lounge room leading to a Juliette balcony, neat fully equipped bathroom plus two excellent double bedrooms.  The  property is positioned in a prime Melbourne location at the Paris end of Lonsdale Street with all major retail shops, restaurants, cafes and theatre precinct close at hand.The apartment is presently leased to Comfort Hotels until 9th October 2027 with two further 10 year options thereafter.NB: This lease offers \"Owners Use\" of 30 days per year. (Conditions apply)IMPORTANT INFORMATION:RENT: $24,076 pa ($463 per week approx.)INCREASE: The lessor of CPI or 7% increases from the 3rd year of each lease term (Between Market Reviews) RETURN: \t7.% Gross\t\t\tLEASE: Until October 9th 2027OPTIONS: Two x 10 Year TermsTENANT (Comfort Hotels) PAYS:Owners Corp Admin feesWater ratesInsuranceGeneral maintenanceOWNER PAYS:Council rates: $ 1,280 pa Maintenance fund: $1,827  pa Inspection is by private appointment.  For further details please contact:Martin Russell of Kingsford Property - 0417 005302martin@kingsfordproperty.com.auNIck Walters of KIngsford Property - 0438 557885nick@kingsfordproperty.com.auDisclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$340,000"},"Bedrooms":"2","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"2"},{"Name":"Bathrooms","Value":"1"},{"Name":"House Size","Value":"54 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.80996935,"Longitude":144.97088136,"Agent":{"Name":"Martin  Russell","CanonicalUrl":"https://realsearch.com.au/agent/martin-russell"},"Agency":{"Name":"Kingsford Property - SOUTH YARRA","CanonicalUrl":"https://realsearch.com.au/agency/kingsford-property-south-yarra"},"CreatedAt":"2026-09-16T08:00:44.1977143","UpdatedAt":"2026-09-16T08:00:44.2129384"}